St. Paul, MN (KROC-AM News) - Just weeks after issuing a new revenue forecast, the State of Minnesota is reporting state tax payments are still coming in higher than expected. The state's net general fund revenues for the month of February total just over $1.3 billion. That is $55 mi...
ST. PAUL, Minn. —Minnesota is expected to have a $616 million surplus in the next two-year budget, state officials said Wednesday, but there is a looming $5 billion deficit in future years — teeing up a debate in the legislature about how to rein in spending to stave off that projec...
ST. PAUL, Minn. —Minnesota is expected to have a $616 million surplus in the next two-year budget, state officials said Wednesday, but there is a looming $5 billion deficit in future years — teeing up a debate in the legislature about how to rein in spending to stave off that projec...
…a massive budget spree, blowing in a single session Minnesota’s $17.5 billion surplus, most of it on spending and the rest on one-time “tax rebates” that will do nothing to improve the state’s tax climate going forward. The state’s $72 billion budget increases spending by 38 perc...
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Correction: Vacancy rates across Twin Cities being addressed on state, local levels Correction: A previous version of this article misstated where Robin Wonsley saw vacancies occurring. They were across the whole city. Related:Vacancy rates across Twin Cities being addressed on state, local levels ...
Reports on the projected budget surplus of the state of Minnesota for 1999 fiscal year. How the budget surplus will affect the state's taxation and expenditures; Plans of the different political parties on spending.Shields...
In the 2023 legislative session alone, lawmakers drained a more than $18 billion surplus and increased taxes by more than $10 billion. Meanwhile, 29 other states have lowered their tax rates, making Minnesota even more of an outlier. These increases coupled with increased costs of doing ...
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Republicans complained that Walz and his fellow Democrats squandered a surplus that would have been better spent on permanent tax relief for everyone. And they’ve faulted the governor and his administration for lax oversight of pandemic programs that cost taxpayers hundre...