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State’s October economic update shows higher revenue collections, stronger near-term economic growth
October 21, 2024 • Haleigh Sinclair
Minnesota Budget, Minnesota Budget Outlook
The latest state economic update contains several pieces of good news. Recent state revenues are stronger than anticipated and Minnesota… Continue reading State’s October economic update shows higher revenue collections, stronger near-term economic growth
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July economic update shows little change in Minnesota revenues, national economic projections
July 18, 2024 • Haleigh Sinclair
Minnesota Budget, Minnesota Budget Outlook
Minnesota ended the fiscal year with revenues a bit above prior projections. The national economic picture remains consistent with previous forecasts, according to the July Revenue and Economic Update from Minnesota Management and Budget. Here are our top takeaways.
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In 2024 session, policymakers progress toward improving health care and child care
May 29, 2024 • Jessie Luévano
Child Care, Health Care, Minnesota Budget
While 2024 was not a budget-setting year for the state, policymakers made use of the limited resources they had to build on last year’s transformational investments and took steps to set the state up for a brighter future. This blog takes a look at the policy and budget decisions made this year to make affordable health care and child care available to more Minnesotans.
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2024 Legislature passes improvements in Child Tax Credit, tax-filing process
May 28, 2024 • Nan Madden
Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
The Minnesota Legislature passed some investments in Minnesota families’ economic well-being and improving their tax-filing experience in this year’s final… Continue reading 2024 Legislature passes improvements in Child Tax Credit, tax-filing process
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Decisions in session’s final days should strengthen health care and child care for Minnesotans
May 14, 2024 • Jessie Luévano
Child Care, Health Care, Minnesota Budget
In 2023, policymakers made transformational budget investments for the well-being of Minnesotans and their families. While 2024 is not a budget-setting year for the state, there are policy decisions at play in the final days of the legislative session that could set the stage for further progress next year.
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Child Tax Credit and tax-filing improvements in play in final 2024 tax negotiations
May 13, 2024 • Nan Madden
Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
Minnesota policymakers could be less than two weeks away from enacting into law innovations and improvements in the Child Tax… Continue reading Child Tax Credit and tax-filing improvements in play in final 2024 tax negotiations
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Powerful stories show child care is unaffordable for many; Great Start Scholarships are a solution
April 17, 2024 • Jessie Luévano
Child Care, Minnesota Budget
This legislative session, families, lawmakers, advocates, and more have drawn attention to child care affordability as an urgent problem that requires solutions.
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Latest economic report shows Minnesota revenues coming in above forecast
April 16, 2024 • Haleigh Sinclair
Minnesota Budget, Minnesota Budget Outlook
Minnesota’s revenues are up, and the near-term national economic outlook is slightly improved compared to the February forecast, according to… Continue reading Latest economic report shows Minnesota revenues coming in above forecast
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Joint state budget targets set for 2024 Legislative Session
April 3, 2024 • Haleigh Sinclair
Minnesota Budget, Minnesota Taxes
Governor Tim Walz reached an agreement with House Speaker Melissa Hortman and Senate Majority Leader Erin Murphy on budget targets… Continue reading Joint state budget targets set for 2024 Legislative Session
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Governor Walz’s supplemental budget proposal lays out his priorities
March 26, 2024 • Haleigh Sinclair
Minnesota Budget, Minnesota Taxes
Last week, Governor Tim Walz released his governor’s supplemental budget proposal. The administration described the priorities for his budget as… Continue reading Governor Walz’s supplemental budget proposal lays out his priorities
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Great Start Scholarships are an innovative policy solution for affordable child care
March 25, 2024 • Jessie Luévano
Child Care, Minnesota Budget
When Minnesotans have affordable child care, children can thrive, families are more economically secure, and employers can find and retain… Continue reading Great Start Scholarships are an innovative policy solution for affordable child care
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Minnesota February Budget Forecast shows improvement
March 8, 2024 • Haleigh Sinclair
Minnesota Budget, Minnesota Budget Outlook
Minnesota’s state budget picture improved in the February Budget and Economic Forecast released last week by Minnesota Management and Budget. That… Continue reading Minnesota February Budget Forecast shows improvement
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Minnesota’s November Budget Forecast is a mixed bag
December 18, 2023 • Jessie Luévano
Minnesota Budget, Minnesota Budget Outlook
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
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Recent information points to stronger state budget picture
November 27, 2023 • Jessie Luévano
Minnesota Budget, Minnesota Budget Outlook
As Minnesota policy-watchers get ready for the next legislative session, recent budget reports suggest that Minnesota will likely project a… Continue reading Recent information points to stronger state budget picture
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2023 investments in child care pave the way for a brighter future
September 28, 2023 • Jessie Luévano
Child Care, Minnesota Budget
There is an urgent need for Minnesota to make significant investments in our child care system so that all Minnesota… Continue reading 2023 investments in child care pave the way for a brighter future
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2023 Health and Human Services budget will expand access to affordable care
August 31, 2023 • Jessie Luévano
Health Care, Minnesota Budget
Policy and budget choices made this year will set up Minnesota to be a healthier state and ensure a more… Continue reading 2023 Health and Human Services budget will expand access to affordable care
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July economic update shows state revenues on track, mixed national economic picture
July 18, 2023 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
The State of Minnesota ended the most recent fiscal year on a positive revenue note. Looking ahead, the national economic… Continue reading July economic update shows state revenues on track, mixed national economic picture
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Cooperation paves the way for important investments in affordable child care
May 11, 2023 • Jessie Luévano
Child Care, Minnesota Budget
With a historic surplus of $17.5 billion for FY 2024-25 and $5.4 billion structural balance for FY 2026-27, Minnesota policymakers… Continue reading Cooperation paves the way for important investments in affordable child care
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House-Senate conference committee considering investments to expand affordable health care
May 11, 2023 • Jessie Luévano
Health Care, Minnesota Budget
With a historic state budget surplus of $17.5 billion for FY 2024-25 and a $5.4 billion structural balance for FY 2026-27,… Continue reading House-Senate conference committee considering investments to expand affordable health care
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Latest economic report shows state revenues on track with projected large surpluses
April 12, 2023 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
Both the state of Minnesota’s revenues and the national economic forecast are slightly improved compared to the February forecast, according… Continue reading Latest economic report shows state revenues on track with projected large surpluses
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Early agreement on state budget targets outline use of the surplus
March 23, 2023 • Clark Goldenrod
Minnesota Budget, Minnesota Taxes
On Tuesday, the Minnesota House and Senate leadership and Governor Tim Walz released joint budget targets that lay out their agreed-upon… Continue reading Early agreement on state budget targets outline use of the surplus
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State’s February budget forecast confirms opportunity to make transformational investments
February 27, 2023 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
The State of Minnesota is projected to have budget surpluses over the next four years, according to the February 2023… Continue reading State’s February budget forecast confirms opportunity to make transformational investments
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January economic update affirms state has resources to invest in everyday Minnesotans
February 14, 2023 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
The state of Minnesota’s revenue picture continues to improve, and the national economic recovery is expected to be a little… Continue reading January economic update affirms state has resources to invest in everyday Minnesotans
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Governor Walz releases FY 2024-25 budget priorities
February 1, 2023 • Clark Goldenrod
Child Care, Health Care, Immigration, Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
The Walz administration’s recently released budget proposal names as their priorities making Minnesota the best state for children, investing in… Continue reading Governor Walz releases FY 2024-25 budget priorities
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Income tax repeal would damage Minnesota’s quality of life, increase inequality
January 3, 2023 • Nan Madden
Minnesota Budget, Minnesota Taxes
All Minnesotans deserve to lead healthy and secure lives. But the path to a stronger, more equitable future for our… Continue reading Income tax repeal would damage Minnesota’s quality of life, increase inequality
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Another historic surplus yields opportunity for transformational investments
December 15, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
The State of Minnesota is projected to have dramatically more resources than previously expected, according to the November 2022 Budget… Continue reading Another historic surplus yields opportunity for transformational investments
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Restoring an inflation measure to the state’s Budget and Economic Forecast
December 6, 2022 • Clark Goldenrod
Minnesota Budget
The state’s economic forecasts are essential tools for policymakers and the public to understand the state’s fiscal situation. Unfortunately, they… Continue reading Restoring an inflation measure to the state’s Budget and Economic Forecast
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What are the state budget implications of a potential national recession?
October 26, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
While the state of Minnesota’s revenues have continued to come in better than expected, more serious economic challenges are expected… Continue reading What are the state budget implications of a potential national recession?
Brief
Inadequate state funding puts higher education further out of reach
August 22, 2022 • Joo Ning Lim
Minnesota Budget
Higher education is a steppingstone for many Minnesotans to further their career goals, gain advanced qualifications in their field of choice,… Continue reading Inadequate state funding puts higher education further out of reach
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State revenues are strong, but national economy is weakening
July 14, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
The state of Minnesota’s revenue picture for FY 2022 remains solid, but the national economic recovery is expected to be… Continue reading State revenues are strong, but national economy is weakening
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Mental health bill takes important steps forward in addressing state’s crisis
June 7, 2022 • Becca O'Donnell
Health Care, Minnesota Budget
Minnesota legislators took important steps toward shoring up our state’s mental health system by allocating $93 million over three years aimed at increasing the number of providers, supporting mental health crisis services, and reducing racial disparities in mental health services.
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What passed, what’s unfinished business after end of 2022 Legislative Session
May 27, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
On Monday, the 2022 Legislative Session officially ended, but what did policymakers actually pass into law? With a historic projected… Continue reading What passed, what’s unfinished business after end of 2022 Legislative Session
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Lack of public investment shifts costs of college education to students and families
May 23, 2022 • Joo Ning Lim
Federal Budget, Federal Issues, Minnesota Budget
Higher education is a steppingstone for many Minnesotans to further their career goals, gain advanced qualifications in their field of… Continue reading Lack of public investment shifts costs of college education to students and families
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Minnesota Legislature passes bill on Unemployment Insurance Trust Fund, frontline worker payments
May 19, 2022 • Joo Ning Lim
Federal Budget, Federal Issues, Income and Inclusive Economy, Income and Work, Minnesota Budget, Minnesota Taxes
After months of negotiation, the Minnesota Legislature recently passed legislation that addressed three major issues of this session: Senate File… Continue reading Minnesota Legislature passes bill on Unemployment Insurance Trust Fund, frontline worker payments
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A quick look at the global budget agreement
May 19, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
Governor Tim Walz and legislative leaders announced targets on Wednesday for how they propose to allocate the remainder of the… Continue reading A quick look at the global budget agreement
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House education proposals increase supports for students; Senate offers minimal changes
May 16, 2022 • Clark Goldenrod
Minnesota Budget
The Minnesota House and Senate present differing approaches to support students in their supplemental budget proposals. The House’s budget proposes… Continue reading House education proposals increase supports for students; Senate offers minimal changes
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Minnesota should do more to support families and child care providers
May 4, 2022 • Becca O'Donnell
Child Care, Minnesota Budget
Before the COVID pandemic, families struggled to afford rising child care costs, while at the same time, child care workers… Continue reading Minnesota should do more to support families and child care providers
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Minnesota House releases their budget targets
April 26, 2022 • Clark Goldenrod
Minnesota Budget
The Minnesota House’s newly released budget targets lay out their priorities for use of the state’s substantial budget surplus. They outline… Continue reading Minnesota House releases their budget targets
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Policymakers should do more for workers with disabilities
April 21, 2022 • Becca O'Donnell
Health Care, Minnesota Budget
House and Senate bills take different approaches to human services and health care Supports for workers who care for elderly… Continue reading Policymakers should do more for workers with disabilities
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Minnesota April Economic Update includes first estimates of impact of Russia invasion of Ukraine
April 15, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
The state of Minnesota’s revenue picture to date is still solid, but the national economic recovery is now expected to… Continue reading Minnesota April Economic Update includes first estimates of impact of Russia invasion of Ukraine
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Minnesota House and Senate lay out their budget and tax priorities
April 14, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
After we published this blog, the House released their budget targets. For updated House figures, check out Minnesota House releases… Continue reading Minnesota House and Senate lay out their budget and tax priorities
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Walz’s updated budget proposal responds to larger state budget surplus
April 6, 2022 • Clark Goldenrod
Health Care, Minnesota Budget, Minnesota Taxes
Policymakers have a historic opportunity this year to tackle the ongoing health and economic effects of the pandemic, and make… Continue reading Walz’s updated budget proposal responds to larger state budget surplus
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How do Minnesota policymakers want to use Minnesota’s remaining ARP flexible funds?
March 25, 2022 • Clark Goldenrod
Minnesota Budget
Minnesota has unprecedented levels of resources to draw from this legislative session, including a large projected budget surplus and federal funding… Continue reading How do Minnesota policymakers want to use Minnesota’s remaining ARP flexible funds?
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Minnesotans need continuous health insurance coverage
March 25, 2022 • Becca O'Donnell
Health Care, Income and Inclusive Economy, Minnesota Budget
Minnesota has a strong history of investments in health care and has the capacity to make our health care system… Continue reading Minnesotans need continuous health insurance coverage
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Public investments make health care affordable and save lives
March 3, 2022 • Becca O'Donnell
Health Care, Minnesota Budget
Health care should be accessible and affordable for all, regardless of paycheck, address, race, ethnicity, gender, or disability. Minnesota has… Continue reading Public investments make health care affordable and save lives
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New budget forecast continues to show resources available to build an equitable recovery
March 1, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
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
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A first look at Governor Walz’s supplemental budget proposal
February 2, 2022 • Clark Goldenrod
Child Care, Health Care, Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
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
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A first look at Governor Walz’s budget proposal on expanding economic opportunity
January 21, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Taxes, Tax Credits for Minnesotans and Families
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
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States’ use of ARP flexible funds should prioritize a robust and equitable pandemic recovery
January 14, 2022 • Clark Goldenrod
Federal Budget, Federal Issues, Minnesota Budget
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
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Newest state revenue update affirms substantial resources are available to build an equitable recovery
January 14, 2022 • Clark Goldenrod
Minnesota Budget, Minnesota Budget Outlook
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