The State of Minnesota is expected to see unprecedented levels of resources, including a strong boost in the short-term numbers,… Continue reading New budget forecast continues to show resources available to build an equitable recovery
Author: Clark Goldenrod
Deputy Director (former),
Minnesota Budget Project
A first look at Governor Walz’s supplemental budget proposal
The state of Minnesota has resources to draw on to start building a more equitable future, focusing on what Minnesotans… Continue reading A first look at Governor Walz’s supplemental budget proposal
A first look at Governor Walz’s budget proposal on expanding economic opportunity
The state of Minnesota is projecting an historic $7.7 billion surplus for the current FY 2022-2023 budget cycle. This presents… Continue reading A first look at Governor Walz’s budget proposal on expanding economic opportunity
Newest state revenue update affirms substantial resources are available to build an equitable recovery
The state of Minnesota’s revenue picture continues to improve, but the national economic recovery is expected to be a little… Continue reading Newest state revenue update affirms substantial resources are available to build an equitable recovery
States’ use of ARP flexible funds should prioritize a robust and equitable pandemic recovery
Many states, along with Washington, D.C., and Puerto Rico, have used their federal Fiscal Recovery Funds (FRF) to respond to… Continue reading States’ use of ARP flexible funds should prioritize a robust and equitable pandemic recovery
Potential state surplus could trigger reserve and tax changes
As leaves change, and the days get colder and shorter, we’re getting ready for our favorite forecast – the state’s… Continue reading Potential state surplus could trigger reserve and tax changes
Latest data point to opportunity – and need – to build a stronger recovery
Even as the state’s revenues came in higher, the national economic outlook has weakened due to the spread of the delta variant of COVID-19 and supply chain disruptions. Read our take-aways and how policymakers should respond.
Federal policy action protected health, economic well-being during pandemic
Federal COVID-19 relief actions reduced hardship during the pandemic and the dramatic economic disruption it caused in 2020, according to… Continue reading Federal policy action protected health, economic well-being during pandemic
State’s July economic update shows strong revenue numbers
We’re getting “back to normal”, but that isn’t enough The state of Minnesota’s revenue and economic picture continues to improve,… Continue reading State’s July economic update shows strong revenue numbers
A quick look at the legislative global budget agreement
Governor Tim Walz and legislative leaders Monday announced their targets for the FY 2022-23 budget and how they will approach… Continue reading A quick look at the legislative global budget agreement