In the waning hours of the 2016 legislative session, lawmakers wrapped up a supplemental budget and a tax bill, but failed to pass a comprehensive transportation package, a bonding bill, and a plan for implementing federal...more
With the passage of policy committee deadlines, the Legislature has shifted its attention to supplemental budgets, bonding and tax targets. Finance bills have to be out of Senate Finance and House Ways and Means committees by...more
On Tuesday, Gov. Mark Dayton unveiled his $100 million supplemental budget proposal to deliver tax cuts for over 400,000 Minnesota families, make needed investments in early learning to eliminate achievement gaps, rebuild the...more
Minnesota Management and Budget Commissioner Myron Frans, State Economist Dr. Laura Kalambokidis, and State Budget Director Margaret Kelly will release the State of Minnesota February Budget and Economic Forecast on Friday,...more
Minnesota Management and Budget (MMB) announced today that the February Budget and Economic Forecast will be released on Friday, February 26, 2016 at 11:15 am. Minnesota is required by law to issue a Budget and Economic...more
Minnesota Management and Budget (MMB) announced that the FY 16-17 budget has a $1.871 billion surplus. The bulk of this $1.871 billion surplus comes from $682 million carried over from the FY 14-15 biennium and $865 million...more
The 2016 Minnesota Legislature is convening later than usual next year on March 8, 2016. Before that date arrives, however, Minnesota Management and Budget will be issuing two economic forecasts and Governor Mark Dayton will...more
The illusive Special Session lived up to its hype. Despite the close proximity of the two temporary chambers in the State Office Building, the bodies were far apart in their desired outcome for the session.
After...more
Vetoed Gov. Mark Dayton vetoed two more budget bills (he vetoed E-12 last week) over the last weekend. The latest vetoes mean there are even more issues for legislators and the Governor to resolve in a Special Session. No...more
Friday marked the first committee deadline and thus a flurry of activity at the Capitol to act favorably on bills in their respective policy committees.
MNsure -
When Governor Mark Dayton’s supplemental budget...more
Surplus -
The state Republican Party has approved a “Give It All Back” ad campaign encouraging Gov. Dayton and the Legislature to return all of the projected $1.9 billion budget surplus to Minnesotans in the form of...more
Minnesota Management and Budget (MMB) announced a short time ago that the surplus for FY 2017-2017 has ballooned to $1.869 billion. This $832 million increase is mostly the result of additional revenue collections. Here is...more
Transportation -
On Monday, Governor Dayton presented his 2015 Transportation proposal. His proposal would bridge the $6 billion State highway transportation funding gap over the next 10 years by raising new dedicated...more
While everyone is focused on the upcoming November 4th elections, Minnesota’s Executive Branch is quietly assembling budget recommendations for the FY 2016-2017 biennium. These recommendations ultimately will be presented to...more
Before departing for their planned Easter/Passover break, the House and Senate pushed through a number of bills in a flurry of activity. Unusually short committee deadlines drove this process. These deadlines were: March 21...more
Minnesota Management and Budget (MMB) released aggregate economic forecast numbers this morning. The total surplus announced, before subtractions for past shifts, is $1.086 billion for fiscal years 2014-15. After the...more
Minnesota Management and Budget (MMB) announced revenue collections for August are $26 million less than projected. For the FY 2014-2015 biennium (which began July 1), collections are running $46 million behind what was...more
Minnesota Management and Budget’s (MMB) July Economic Update reported that general fund revenues for FY 2013 have increased $463 million since the February Forecast. This revenue increase must be reconciled by MMB with any...more
Governor Mark Dayton formally released his supplemental budget on Thursday, March 14. The Governor’s revised budget is always issued a few weeks after the February Economic Forecast and usually includes only modest changes...more
Governor Mark Dayton will announce his FY 2014-2015 budget recommendations on Tuesday, January 22nd at 11:00 am in the Skjegstad Room (Room 2000) at the Minnesota Department of Revenue...more