Minnesota, state budget

Minnesota has a projected $616M budget surplus, potential $5B deficit looming
Minnesota budget officials on Wednesday projected a modest surplus of $616 million for the next two-year budget cycle, and a multi-billion dollar deficit looming in the following years. Minnesota Management and Budget (MMB) released the state’s latest economic forecast on Wednesday morning.
Minnesota budget projections show looming $5 billion deficit
State politicians and leaders met at the Minnesota Department of Revenue building on Wednesday afternoon to discuss the ramifications of the forecast
Projected state surplus dropped by $1.1 billion, MN budget forecast shows
The imbalance is due to projected reductions in income and sales tax revenues combined with higher spending for long-term care and special education.
Minnesota's projected budget surplus shrinks to $616 million
Minnesota budget officials are cautioning of a "growing structural imbalance" that could put the state in the red in future years. The latest: The warning comes after state economists released an updated forecast showing a $616 million surplus at the end of the next two-year budget cycle,
Minnesota has a projected $616M budget surplus, with ‘growing structural imbalance’ on horizon
Minnesota lawmakers won’t have as much money to spare in the upcoming legislative session as in prior years, with state officials on Wednesday projecting a budget surplus of $616 million. Minnesota Management and Budget (MMB) released a high-level summary of the state’s latest economic forecast on Wednesday morning.
Minnesota’s budget forecast will dictate how next year’s legislature goes
MMB releases an updated version of the budget forecast, which lawmakers often use to craft policy decisions during the legislative session.
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