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MMB Releases October Economic Update

Minnesota Management and Budget (MMB) released the October Economic Update on Thursday, October 10th. The report can be found on the MMB web page below. Below is key information in a question and answer format....more

"Minnesota has...well, had a surplus"

Minnesota Management and Budget (MMB) has released the end balance for Fiscal Year (FY) 2013 which ended June 30, 2013. This surplus balance of $636 million was immediately used to repay the K-12 school shift. Details of the...more

State Revenue Lower than Expected for 2nd Straight Month

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

9/12/2013  /  Revenue , State Budgets

How to Read Minnesota's Economic Reports

As a former Minnesota Management and Budget (MMB) Commissioner, I am frequently asked about the practical differences in the three methods the State of Minnesota uses to provide economic and budget information to the general...more

7/18/2013  /  Economic Development , Revenue

Minnesota State Revenue Collections Are Up

Minnesota Management and Budget (MMB) reported on Monday, June 10th that revenue collections in Minnesota totaled $1.4 billion in May. This represents a $25.8 million increase over what was projected to be collected for the...more

6/17/2013  /  Revenue
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