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Minnesota lawmakers will have more money available this year than previously expected as officials on Thursday projected a $3.7 billion state budget surplus. That's an increase of $1.3 billion ...
Dec. 7—The state of Minnesota will head into 2022 with a record $7.7 billion projected budget surplus for the current two-year budget cycle, state finance officials announced Tuesday. The eye ...
The updated forecast was $1.5 billion more than the whopping $7.7 billion surplus that Minnesota Management and Budget projected in December Already-huge Minnesota budget surplus grows to $9.25 ...
In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years. Note that a fiscal year is named for the calendar year in which it ends, so "2022-23" means two fiscal years: the one ending in calendar year 2022 and the one ending in calendar ...
Myers was referring to the idea of raising taxes on everyone in the metropolitan area at a time when the state held a record $19 billion budget surplus. [7] In 2023, Myers co-founded the Suburban Solutions Caucus, a group of metropolitan-area lawmakers working toward balanced and reasonable solutions for suburban families. [8]
This was the first legislature to be fully DFL-controlled since the 88th Minnesota Legislature in 2013–15. During the first session (2023), the body passed a number of major reforms to Minnesota law, including requiring paid leave, banning noncompete agreements, cannabis legalization, increased spending on infrastructure and environmental protection, modernizing the state's tax code ...
Mar. 1—Minnesota's record $9.3 billion projected budget surplus is being driven in large part by the increased earnings of its residents and corporations. Projected state revenue of all kinds ...
Bousselot further explained how the purchase would make sense for both states due to Iowa's budget surplus, a foreseeable budget deficit in Minnesota and the conservative politics of the counties ...