Minnesota’s November Budget Forecast is a mixed bag

Earlier this month, Minnesota Management and Budget released the state’s November Budget and Economic Forecast. This forecast is one of… Continue reading Minnesota’s November Budget Forecast is a mixed bag

Historic state budget forecast presents historic opportunity

The forecast projects a $7.7 billion general fund surplus for the current FY 2022-23 budget cycle, and a $6.0 billion structural balance for the upcoming FY 2024-25 budget cycle. These projections represent a historic opportunity to make transformational changes to build a more equitable recovery.