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Comptroller projects $3.7 million deficit for 2025; sales tax and health care costs cited as key uncertainties

3042957 · April 17, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Office of the Comptroller reported a February projection showing a narrowed 2025 deficit of about $3.7 million, citing sales tax shortfalls and rising health care costs as main drivers and noting a possible $5 million upside from investment earnings.

Milwaukee County's Office of the Comptroller told the Finance Committee that the county's preliminary February projection for 2025 shows a reduced deficit of roughly $3.7 million, with major drivers including sales tax collections and healthcare spending.

Financial Services Director CJ Paul presented the February fiscal report and said the county's sales tax shortfall was estimated at about $5.6 million under a flat remainder‑of‑year assumption. Paul cautioned that the office had only about a month and a half of collection…

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