Tag Archives: budget 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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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

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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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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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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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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

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