On October 15, Governor Tony Evers (D) announced that the State of Wisconsin ended state fiscal year 2025 – which ended on June 30 – with a balance of $4.6 billion in the state’s general fund. This amount is $265 million higher than prior estimates. Also, it is notable that the state’s budget stabilization fund – also known as the “rainy day fund” – increased to approximately $2 billion at the end of FY2025. This is the rainy day fund’s largest balance in state history.