As lawmakers head back to work on Monday, a $6.6 billion surplus …

Jan 6, 2023  · State government ended the 2022 budget year in June with $6.6 billion in surplus cash, even after it filled its savings account to the legal limit. Gov. Brian Kemp has announced plans to spend more than $3 billion of the amount through a combination of one-time tax …


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As Lawmakers Head Back To Work On Monday, A $6.6 Billion Surplus …

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Jan 6, 2023  · State government ended the 2022 budget year in June with $6.6 billion in surplus cash, even after it filled its savings account to the legal limit. Gov. Brian Kemp has announced plans to spend more than $3 billion of the amount through a combination of one-time tax …

wuga.org

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State's Latest Budget Forecast Projects Shrinking Surplus, …

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Dec 4, 2024  · It shows a $1.1 billion decrease from the prior estimate in February which had predicted a $1.7 budget billion surplus during the 2026-27 fiscal biennium that begins July 1, …

mn.gov

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State Lawmakers React To Projected Budget Deficits Along Party Lines

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Dec 5, 2024  · They left $3.7 billion unspent in a two-year budget that will end up spending $71 billion. That money is what allows the next budget to spend $3.1 billion more over the two-year …

minnpost.com

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Budget Surplus Projected, But Future Deficits Loom In Minnesota

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Dec 4, 2024  · In 2020, Minnesota’s fiscal situation lurched from a $1.51 billion surplus before the pandemic was declared to a $2.42 billion deficit two months later and then a $641 million …

minnpost.com

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With Inflation Incorporated, Minnesota Still Showing $17.5B …

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Feb 27, 2023  · A $17.5 billion budget surplus projected in Minnesota's next biennium is holding steady, according to the latest budget and economic forecast released Monday. The latest …

bringmethenews.com

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Minnesota Lawmakers Reconvene With Giant Surplus For 2022

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Jan 31, 2022  · ST. PAUL, Minn. (AP) — Minnesota lawmakers returned to the Capitol for the 2022 legislative session on Monday with a $7.7 billion surplus to wrestle over as they take up policy …

apnews.com

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Walz Touts Opportunities From Massive $17.6B Budget Surplus

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Dec 6, 2022  · State Rep/ Jamie Long, the newly elected majority-leader for the Minnesota House of Representatives, speaks about the state’s budget Tuesday, Dec. 6, 2022, at the Minnesota …

apnews.com

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Texas Enters Budget Cycle With Nearly $24B Surplus - Yahoo

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Jan 13, 2025  · Lawmakers will have a nearly $24 billion surplus that will boost the budget over the next two years. ... is set to head back to Capitol Hill on Tuesday for his confirmation hearing …

yahoo.com

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Give It Back, Spend It, Or Both? What Will MN Lawmakers Do With …

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Jan 15, 2023  · Roughly $12 billion of the surplus is already in the bank. Lawmakers call this one-time money because it’s in state coffers and it’s not expected to grow. About $6 billion more in …

yahoo.com

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Texas Has A $24 Billion Surplus. Here's Where Lawmakers Want To …

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Jan 13, 2025  · AUSTIN, Texas — Heading into the 89th legislative session on Tuesday, the Texas legislature will have a budget surplus of nearly $24 billion to spend this year on policy …

cbsaustin.com

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Texas Lawmakers Will Have $24B Surplus To Work With This Session

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Texas lawmakers will return to Austin this week with a budget surplus of nearly $24 billion, buoyed by growing tax revenue and a stalled school funding increase, Texas Comptroller Glenn Hegar …

msn.com

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Minnesota Legislature Kicks Off Session With Record Surplus

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Feb 1, 2022  · How should Minnesota lawmakers spend a $7.75 billion budget surplus? The wish-list is long.

cbsnews.com

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What Will Lawmakers Do With A $4 Billion State Surplus? - CBS 58

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Dec 25, 2024  · That's the billion-dollar question when lawmakers return to work in January. For Republican leaders, their number one priority is giving some of the surplus back to taxpayers.

cbs58.com

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Northeast Wisconsin Lawmakers Discuss Possible Uses For State's $4 ...

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Oct 17, 2024  · GREEN BAY (WLUK) -- Earlier this week, Governor Tony Evers' office announced the state of Wisconsin ended the fiscal year with a $4.6 billion surplus and a record $1.9 billion …

fox11online.com

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After Missing The Chance To Save Surplus, State Must Cut Back …

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Dec 13, 2024  · And now they are going into the 2025 legislative session with an anticipated $5.1 billion-plus shortfall in the next two-year state budget, and as much as $10-12 billion over the …

kitsapsun.com

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Maryland Legislature Ends Session Marked By Budget Surplus

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Apr 12, 2022  · It includes nearly $1.86 billion in tax relief over five years for Maryland retirees, small businesses and low-income families in a year of enormous budget surplus for the state’s …

apnews.com

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Why Minnesota's Projected $1.6 Billion Budget Surplus Isn't

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Feb 27, 2021  · The forecast, afterall, transformed a $1.27 billion shortfall for the next two-year budget period to a $1.6 billion projected surplus — nearly the same amount as the $1.66 …

minnpost.com

FAQs about As lawmakers head back to work on Monday, a $6.6 billion surplus … Coupon?

What was the state budget surplus in 2023?

The projected surplus in 2023, prior to the current budget cycle, was more than $17 billion and lawmakers subsequently passed a $72 billion two-year budget, the largest in state history. ...

What's in the new state surplus framework deal?

The framework deal includes spending on education, health care, human services and public safety, as well as tax cuts. Gov. Tim Walz and lawmakers from the Senate GOP and House DFL have announced a new framework deal for how to allocate the state's surplus on Monday. ...

Will Minnesota return $17 billion budget surplus to taxpayers with rebate checks?

(Alex Kormann/Star Tribune via AP) ST. PAUL, Minn. (AP) — Minnesota lawmakers learned Tuesday they will head into the 2023 legislative session with a massive $17.6 billion projected budget surplus, and Gov. Tim Walz said he would like to return some of that money to taxpayers with rebate checks. ...

What happened to Minnesota's fiscal situation in 2020?

In 2020, Minnesota’s fiscal situation lurched from a $1.51 billion surplus before the pandemic was declared to a $2.42 billion deficit two months later and then a $641 million surplus by year’s end. ...

Will lawmakers be less ambitious with the next two-year budget?

The $616 million figure is an indication that lawmakers will be less ambitious with the next two-year budget. Daily Newsletter | MinnPost's top stories delivered to your inbox Monday through Saturday. ...

Is Minnesota facing financial headwinds?

“What you’ll see in this forecast is that Minnesota, like many other states, is facing significant financial headwinds,” Minnesota Management and Budget Commissioner Erin Campbell said during a morning news conference. “… It will be especially important for lawmakers to take the long view when enacting budget decisions this year.” ...

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