CHICAGO — Wisconsin now expects to collect at least $600 million more in tax revenues over the next three years than previously projected, but Gov. Scott Walker said most of the increase would go to pay off existing obligations, not to ease deep education and local government spending cuts proposed in his next budget.

The revised estimates released by the Legislature Fiscal Bureau this week for the current biennium and next reflect tax collections through April and the latest economic forecast from IHS Global Insight Inc. The bureau now projects that the state will collect an additional $636 million, or 1.6 % more, over the next three years, including $204 million in fiscal 2011, which ends June 30, $204 million in fiscal 2012, and $199 million in fiscal 2013.

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