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Category Archives: Budget & Economic Forecast
State budget forecast estimates $1.3 billion surplus
Minnesota’s budget and economic outlook has improved since the end of the 2019 legislative special session, according to the Minnesota Management and Budget’s 2019 November Budget and Economic Forecast released on Thursday, December 5. A better than expected close to … Continue reading
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Tagged budget, budget forecast, November budget forecast
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State projects $1.54 billion surplus for 2020-2021
Minnesota Management and Budget (MMB) today released its 2018 November Budget and Economic Forecast — which projects a $1.54 billion surplus for the state’s budget for fiscal years 2020-2021. According to MMB: Minnesota’s budget and economic outlook remains sound, despite … Continue reading
Minnesota state revenue above February forecast
According to Minnesota Management and Budget (MMB), the state’s net general fund receipts for fiscal year (FY) 2018 are now estimated to total $22.034 billion — $348 million (1.6 percent) more than projected in the February 2018 Budget and Economic … Continue reading
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Tagged budget, budget forecast, Minnesota Management and Budget, MMB, state budget
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Minnesota projects $329 million state budget surplus for 2018-2019
Minnesota Management and Budget (MMB) today released the 2018 February Budget and Economic Forecast. Minnesota’s budget and economic outlook has improved since November. A surplus of $329 million is now projected for the fiscal year 2018-19 biennium. The revenue forecast … Continue reading
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Tagged budget, budget forecast, Minnesota Management and Budget
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Report: Gov. Dayton, legislative leaders could spend part of state budget surplus during special session this month
On Friday morning, state officials predicted Minnesota would have a $1.4 billion budget surplus. With the news of the surplus, Gov. Mark Dayton and legislative leaders met behind closed doors to discuss the possibility of spending part of the surplus … Continue reading
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Tagged budget, budget forecast, Gov. Mark Dayton
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State budget forecast coming out Friday
Source: Minnesota Management & Budget Minnesota Management and Budget (MMB) is expected to release the state’s February Budget and Economic Forecast around 11:15 a.m. on Friday, February 26. Twice each year, MMB prepares the Budget and Economic Forecast as required … Continue reading
In the black — a closer look at the state budget surplus
As we prepare for the holidays, state lawmakers begin preparation for the 2016 legislative session. The table is getting set: the budget forecast has been announced; legislative committee deadlines have been established and the pre-session posturing begins. We can’t help … Continue reading
Posted in Advocacy, Budget & Economic Forecast, Uncategorized
Tagged advocacy, budget, Minnesota Management and Budget, MMB, MSBA
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Minnesota’s Economic & Budget Outlook Improve
FY2014-15 Projected Balance Rises to $1.233 Billion Statement from Minnesota Management and Budget Commissioner Jim Schowalter The February budget and economic forecast shows a positive balance of $1.233 billion for fiscal years 2014-2015. This is an improvement of $408 million … Continue reading
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