childcare

MadREP Statement on State Child Care Funding

The Madison Region Economic Partnership (MadREP) strongly encourages the State to increase its investment in child care in Wisconsin’s 2023-25 biennial budget. Economic development in our state is limited by the availability of child care services. Underinvestment in child care will have long-term impacts on Wisconsin’s economy by negatively affecting tax revenues, household income, and businesses. State financial support is critical to supporting the already struggling child care industry that working families and businesses rely on. Past state funding helped child care providers across Wisconsin maintain operations during the COVID-19 pandemic and prevented closures. Decreasing state funding to the child care industry will have severe and long-term consequences, interrupting access to high quality Early Childhood Education during critical child development stages. Significant state involvement in addressing the need for more access to child care is necessary for the success of MadREP’s regional economic development initiatives. Wisconsin will miss opportunities for industry growth and regional economic prosperity if it fails to provide foundational child care support for residents.