Minnesota projects $17.6 billion surplus - Minnesota Right Now

Dec 6, 2022 · Minnesota’s Management and Budget estimate a general fund budget surplus of $17.6 billion for the fiscal year 2024-25 biennium. “Strong collections and lower-than-projected …

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Minnesota Projects $17.6 Billion Surplus - Minnesota Right Now

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Dec 6, 2022 · Minnesota’s Management and Budget estimate a general fund budget surplus of $17.6 billion for the fiscal year 2024-25 biennium. “Strong collections and lower-than-projected …

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Minnesota State Government Surplus Now At $17.6B

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Dec 7, 2022 · The Minnesota revenue surplus is now $17.6 billion. That’s a lot for a state that spends about $2.16 billion a month and sets up Gov. Tim Walz and the DFL-controlled …

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Minnesota’s Budget Surplus Stands At $17.6 Billion

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Dec 6, 2022 · PAUL, Minn. (FOX 9) — Minnesota’s budget surplus just keeps setting records. State budget officials on Tuesday projected that Minnesota has a surplus of $17.6 billion …

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Minnesota's Staggering Surplus Stays Mostly Unchanged At $17.5 …

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Minnesota's staggering estimated budget surplus remained largely unchanged at $17.5 billion, with Monday's financial forecast setting up DFL state leaders to continue their push for …

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Minnesota Budget Surplus Now A Projected $17.6 Billion - AM …

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Dec 6, 2022 · PAUL -- The Minnesota State Budget Surplus has grown to an estimated $17.6 billion. The Minnesota Office of Budget and Management says strong tax collections and lower …

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Rebates And Spending Remain Priorities As MN Budget Surplus …

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Feb 28, 2023 · Minnesota’s tax revenues continue to outperform expectations, the state has an historic $17.5 billion budget surplus and the economic outlook remains strong, even if a mild …

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How Do You Think Minnesota Should Spend Its $17.6 Billion Surplus?

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Dec 16, 2022 · How do you think the government should use its $17.6 billion surplus? DFL candidate holds 14 vote lead for Shakopee-area House race Tim Walz faces stark return to …

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Minnesota’s $3.7 Billion Surplus Won’t Result In A Spending Spree

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Feb 29, 2024 · The current two-year budget period set to spend $70.5 billion will end with a surplus of $3.7 billion in June of 2025, assuming no additional spending is appropriated this …

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Minnesota's $7.7 Billion Surplus: What Should The State Do With It?

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Jan 25, 2022 · Minnesota has a $7.7 billion projected budget surplus, the largest in state history. The Star Tribune asked the state's legislative leaders and Gov. Tim Walz what they would do …

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Minnesota's Record $9.3B Surplus Estimate Stands Out In Midwest

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Mar 6, 2022 · State budget officials estimated Monday that Minnesota will have a historic $9.3 billion surplus, equal to nearly 18% of its two-year budget of $52 billion. While every state …

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Minnesota's Forecast: A $3.7 Billion Surplus, Though State Office ...

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Feb 29, 2024 · The imbalance, which includes the effects of new spending as well as lost purchasing power due to expected rates of inflation, stands to reduce Minnesota's surplus to …

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Minnesota’s Budget Surplus Grew To $19 Billion, But New

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Feb 28, 2023 · That accounting move means that rather than showing a $19 billion surplus with a potential inflationary impact of $1.5 billion, the forecast showed a $17.5 billion surplus that …

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Georgia Gov. Kemp Pushes For Conservative Budget Amid Record …

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2 days ago · The state’s general fund surplus stands at a record $16.5 billion. About $5.5 billion of that is in the state’s revenue shortfall reserve, which essentially is the state’s savings account. …

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FAQs about Minnesota projects $17.6 billion surplus - Minnesota Right Now Coupon?

What is the record surplus in Minnesota?

Minnesota’s record surplus is $17.5 billion, according to the state’s budget office. The previous surplus of $17.6 billion was reported in November. ...

What is Minnesota's revenue surplus?

Daily Newsletter | MinnPost's top stories delivered to your inbox Monday through Saturday. The Minnesota revenue surplus is now $17.6 billion. That’s a lot for a state that spends about $2.16 billion a month and sets up Gov. Tim Walz and the DFL-controlled Legislature to increase spending and reduce taxes. ...

Will Minnesota still have a tax surplus?

After that, state officials estimate Minnesota will still see a tax revenue surplus of about $4 billion a year if there are no broad changes to tax rates. House and Senate leaders will continue vetting their own budget proposals over the next few months. The state budget is due before the legislative session concludes at the end of May. ...

What contributed to Minnesota's budget surplus?

Strong tax collections, low spending and the estimated $7 billion surplus the Legislature left untouched last session have contributed to the projected budget surplus, said Minnesota Management and Budget Commissioner Jim Schowalter during a news conference. Here are some highlights from Tuesday’s budget forecast: ...

What adds to Minnesota's fiscal year 22-23 surplus?

“Strong collections and lower-than-projected spending add to the fiscal year 22-23 surplus,” Minnesota Management and Budget reported Tuesday morning. “Economic headwinds lower expected growth but (a) large leftover surplus and healthy net revenues in fiscal years 24-25 create estimated $17.6 billion available for (the) budget.” ...

What to do with Minnesota's surplus?

Minnesotans have many ideas for what to do with the state's $17.6 billion surplus. Some suggestions include creating affordable housing, cutting taxes, funding education, and providing free lunch for students. But how do you actually impact what happens? Here are some ways to make your voice heard. ...