Walker touts deposit into state's rainy day fund - WKOW 27: Madison, WI Breaking News, Weather and Sports

MADISON (WKOW) -- Governor Scott Walker says nearly $109 million was deposited into the state's rainy day fund, which includes money than can be used in an emergency.

The deposit announcement Monday comes after the state ended the last fiscal year in June with a surplus of about $342 million. Even though it is less than one percent of what is spent out of the state's main account every year, it is the largest deposit ever into the rainy day fund. It marks the second year in a row that a deposit has been made.

Walker says "we remain committed to making the tough decisions necessary to avoid tax increases while maintaining services."

He says his proprieties for the next two-year budget include creating jobs, developing the workforce, reforming government and transforming education.