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Minnesota Budget Bites

Minnesota Budget

02/01/23
  • Transportation
  • Minnesota Taxes and Tax Plans
  • Minnesota Budget
  • Immigration
  • Minnesota Tax Credits
  • Health Care
  • Child Care
  • Minnesota Budget Plans
  • Minnesota Taxes

Governor Walz releases FY 2024-25 budget priorities

In his proposal for the two-year FY 2024-25 budget cycle, Governor Tim Walz proposes $11.2 billion in additional funding for public services, with the largest amount of new dollars going toward education, economic development, and health and human services. He also proposes $5.4 billion in tax reductions in FY 2024-25, with the biggest component being a one-time tax rebate. Read more in our blog.
12/15/22
  • Minnesota Budget Outlook and Trends
  • Minnesota Budget

Another historic surplus yields opportunity for transformational investments

Small child writing sm
The State of Minnesota is projected to have dramatically more resources than previously expected, according to the November 2022 Budget and Economic Forecast released last week. These resources present an historic opportunity to make transformational changes to build a more equitable recovery in which all Minnesotans are healthy, safe, and economically secure.
10/26/22
  • Minnesota Budget
  • Minnesota Budget Outlook and Trends

What are the state budget implications of a potential national recession?

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While the state of Minnesota’s revenues have continued to come in better than expected, more serious economic challenges are expected ahead, including a recession starting this fall.
07/14/22
  • Minnesota Budget
  • Minnesota Budget Outlook and Trends

State revenues are strong, but national economy is weakening

The state of Minnesota’s revenue picture for FY 2022 remains solid, but the national economic recovery is expected to be...