April tax collections beat forecast by $1.15 billion
One big topic dominated the 2022 legislative session: what to do with the state’s historic budget surplus. While the session has ended with no agreement, a decision will still have…
One big topic dominated the 2022 legislative session: what to do with the state’s historic budget surplus. While the session has ended with no agreement, a decision will still have…
Minnesota spends a lot on education. According to the Minnesota Management and Budget (MMB), our state government is poised to spend nearly $52 billion in the 2022-2023 biennium. This is…
The question of what to do with Minnesota’s forecast state government budget surplus of $9.3 billion is dominating political and policy discussion in the state right now. Such a decision…
On Monday, Minnesota Management & Budget announced that the state’s forecast budget surplus had grown to $9.3 billion. This is a staggering amount of money the state government is forecast…
An already historic surplus just got bigger. Earlier today the Minnesota Management and Budget (MMB) released their updated economic forecast. And According to the new numbers, Minnesota is now expecting…
On Thursday, the Minnesota Management and Budget (MMB) released the numbers for January revenue collections. And according to the new data, tax collections were $649 million higher than was predicted…
Minnesotans are having their incomes and living standards squeezed by inflation. The national figures get the headlines, but less known is the fact that the situation is especially bad here.…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23 which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what should be…
On Dec. 7, Minnesota Management and Budget (MMB) released its budget forecast for Fiscal Year 2022-23, which foresaw a $7.746 billion projected surplus. This immediately sparked a debate about what…
State and local taxes and spending The Globe: Nobles County works to reduce tax burden; eyes 4.988% property tax levy increase Duluth News Tribune: Feeding frenzy follows news of state…
Last week, Minnesota Management & Budget announced a forecast surplus of $7.746 billion for Fiscal Year 2022-23. The DFL was quick to take the credit: But the argument that wise state…
On Dec. 7, the Minnesota Management and Budget (MMB) announced that Minnesota is expecting a $7.75 billion surplus for the 2022-2023 biennium. According to MMB, “Strong growth in income, consumer…
Minnesota Management and Budget (MMB) released its new budget forecast today, projecting a $7.746 billion projected surplus for Fiscal Year 2022-23. This is the largest surplus in state history. It…
To say that the Minnesota’s government is awash with cash would be an understatement. After finishing the 2021 fiscal year with a $2.67 billion surplus, Minnesota is already surpassing its…
It’s like winning the lottery and tearing up the winning ticket. At least that’s how state officials must view the indifference of hundreds of local governments to the latest federally-funded…
Local government officials meeting by Zoom, under a tight deadline with a mandate to dole out billions of dollars as quickly as possible. What could go wrong? As cities were…
Cities get ‘creative’ in a rush to spend federal COVID relief largess.
Last May, Minnesota Management and Budget (MMB) released its Interim budget forecast, which predicted a $2.426 billion deficit for the 2021 fiscal year. This deficit turned into a $636 million…
Late last year, with forecast budget deficits of $2.4 billion for the 2020-2021 biennium and $4.7 billion for the 2022-2023 biennium, we released our report ‘Closing Minnesota’s Budget Deficit: Why…
In November 2020, Minnesota Management and Budget (MMB) forecasted a $636 million deficit for the 2020-2021 biennium and a $1.2 billion deficit for the 2022-2023 biennium. Things turned around in…