Gov. Scott Walker said during the 2014 campaign: "Every year we have a surplus, which we've had the last couple years, we're going to continue to put that right back into the hands of the people who earned it, the hard-working taxpayers of this state."
When we most recently rated this promise, in 2016, our rating was In the Works. In the 2013-'15 state budget, Walker and the Republican-majority Legislature suspended a state law requiring the state to put half its surplus into the state's rainy-day fund. That allowed them to provide additional tax cuts. But there was no such surplus with the 2015-'17 state budget -- thus, nothing to return to taxpayers.
The state budget for 2017-'19 budget, which runs through June 30, 2019, should run a $385 million surplus, according to a January 2018 estimate by nonpartisan Legislative Fiscal Bureau. So, we won't know until sometime after that date whether a surplus is actually realized, but the estimate is considered solid.
In response, Walker and the Republican-led Legislature adopted in April 2018 a tax bill that included a one-time $100 per child tax rebate to parents and a one-time weekend sales tax holiday for all consumers.
Walker's move was criticized as taking some $172 million away from what could have been spent on education and infrastructure.
Noting that the $385 million is about eight days' worth of state spending, Jon Peacock, director of the nonprofit Wisconsin Budget Project, questioned whether it's wise to return the money rather than saving it for when revenue slows. Historically, he told us, the governor and the Legislature "often find themselves in the position of having to make very difficult tax and spending choices as they tackle the next biennial budget."
In sum, Walker returned to taxpayers funds from one budget surplus and has returned money from what is an expected surplus. We rate this Promise Kept.