In what many are calling one of the most consequential legislative sessions in Minnesota's history, Gov. Tim Walz and legislative leaders pulled together a last-minute $72 billion budget deal to close out the 2023 legislative...more
Unprecedented. -
That is how political observers, politicians and media pundits are describing what is in front of the Minnesota legislature and DFL Governor Tim Walz as the legislature sets to convene next Monday,...more
After learning that the pandemic has left an approximately $2.4 billion hole in Minnesota's general fund budget, legislators are left with only seven days to complete their work before next Monday's May 18 constitutional...more
In less than 60 days, Minnesota's state budget has taken a $4 billion hit to its bottom line. Minnesota Management and Budget Commissioner Myron Frans announced today that the global pandemic is responsible for a severe...more
Yesterday Minnesota’s latest budget and economic forecast was released. The state’s financial outlook remains stable, with a small increase to the general fund revenue forecast along with a similar-sized reduction in spending...more
With the November 2020 general election on the horizon, the 2020 Minnesota Legislature got to work this week....more
Strong State Budget Forecast Released -
Heading into the 2020 general election, the Minnesota Department of Management and Budget announced today the state budget forecast shows a surprisingly strong surplus of...more
Legislators return to St. Paul today after their 10-day Easter/Passover break. Legislators left town on Friday, April 12 after meeting the third and final deadline for finance committees to complete their work before heading...more
4/24/2019
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Business Taxes ,
Capital Investments ,
Department of Health and Human Services (HHS) ,
Electric Vehicles ,
Gas Taxes ,
Legislative Agendas ,
Sales Tax ,
State and Local Government ,
State Budgets ,
State Funding ,
Transportation Industry
$492 Million Drop for November Forecast
Yesterday, Minnesota Management and Budget (MMB) released their February budget forecast, showing a lower budget surplus than was previously estimated. ...more
Priorities Drive Tax and Spending Increases -
Minnesota Governor Tim Walz released his two-year budget proposal at noon yesterday, kicking off a ferocious debate over his administration's proposed spending and tax...more
Last week, the House of Representatives Republican majority announced their budget targets for the 2018 legislative session. In February the Minnesota Management and Budget projected the state to have a $329 million surplus. ...more
4/16/2018
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Disabilities ,
Educational Institutions ,
Infrastructure ,
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Mental Health ,
Public Safety ,
Roads ,
State Budgets ,
State Funding ,
State Taxes ,
Students ,
Tax Relief ,
Taxation
Minnesota Management and Budget (MMB) released the 2017 November Budget and Economic Forecast. Projections show a deficit of $188 million for the current biennium, and a projected negative balance of $586 million for the...more
Minnesota lawmakers used every last minute available to them to try and complete their work prior to the deadline for the 2017 legislative session, but it was not enough time. At 12:01 a.m. early last Tuesday morning,...more
5/31/2017
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Regulatory Agenda ,
Renewable Energy ,
Roads ,
State Budgets ,
Surface Transportation ,
Tax Relief
The November general election obviously represents a sea change in how business will be conducted at the Minnesota state capitol when legislators return to work on January 3, 2017. House Republicans will enjoy a comfortable...more
12/12/2016
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Budget Surplus ,
Business Taxes ,
Child Care ,
Department of Health and Human Services (HHS) ,
Elder Care ,
Forestry ,
General Elections ,
Health Insurance ,
Healthcare ,
Legislative Agendas ,
Medicaid ,
Mining ,
Property Tax ,
Public Health Insurance Marketplace ,
State Budgets ,
Tax Cuts ,
Tourists ,
Trump Administration
Minnesota's fiscal year 2016-17 revenues are now forecast to be $42.718 billion, a $90 million (0.2 percent) increase over end of session estimates. This brings the forecast balance to $1.871 billion, up from $865 million at...more
The Minnesota legislature concluded its business last evening with Governor Mark Dayton threatening to veto a $17 billion public education funding bill – a threat he carried through with earlier today. The governor issued the...more
5/20/2015
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Department of Health and Human Services (HHS) ,
Education Budget ,
Healthcare ,
Infrastructure ,
Nursing Homes ,
Pensions ,
Pollution Control ,
Prescription Drugs ,
Public Defenders ,
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State Budgets ,
Tax Cuts ,
Tax Reform ,
Tuition ,
U.S. House
Both Governor Dayton and DFL legislative leaders expressed their desire to target surplus dollars on long term investments. Specifically in education and transportation, Dayton would fully fund universal pre-K programs,...more
On Wednesday, February 6, Governor Mark Dayton gave his third State of the State address. In his speech, he was reflective about how far the state has come the past two years and set the tone for the coming two years....more