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But there is no dispute that the $300 million reduction for universities is what Walker has proposed.
The arena
Money for a new basketball arena is more complicated.
The owners of the NBA’s Milwaukee Bucks are trying to assemble private and public financing to build a new arena. The total cost is projected at about $500 million.
That is not the amount Walker is proposing to spend.
Like the university cuts, Walker announced his arena proposal before making his official budget presentation. He offered
$220 million in state bonding -- essentially a form of borrowing -- toward the cost of the arena. Debt payments on the bonds would be repaid from growth in the so-called "jock tax" -- income tax revenue from Milwaukee Bucks players, employees and visiting teams.
The rest of the $500 millionwould come from the Bucks’ current owners, the team’s former owner -- retired U.S. Sen. Herb Kohl -- and possibly from the City of Milwaukee and Milwaukee County.
Normally, the growth in jock tax revenue would go to the state’s general fund to help pay for things such as schools, roads and other public services.
But the Bucks could leave town in 2017 if a new arena is not in place by the fall of 2017. That is a deadline set by the NBA, which could buy the team back from its owners.
In other words, without a new Milwaukee arena, there might not be any jock tax revenue.
So, Walker is proposing a diversion of $220 million from the state's general fund to the arena.
(A footnote: Although the headline on the Think Progress article said Walker would spend $500 million on the arena, the article itself did make a reference to his plan for $200 million in bonds.)
Our rating
A slew of tweetsclaimed: "Scott Walker to cut $300 million from universities, spend $500 million on a pro basketball stadium."
Walker's 2015-'17 state budget does propose cutting $300 million from the University of Wisconsin System over the two-year period.
The governor also proposes, in the form of bonds, a state contribution for a new Milwaukee arena. But it wouldn't be $500 million -- the total cost of the arena -- but rather $220 million.
For a statement that is partially accurate, our rating is Half True.