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Minnesota lawmakers will have more money available this year than previously expected as officials on Thursday projected a $3.7 billion state budget surplus. That's an increase of $1.3 billion ...
Dec. 7—The state of Minnesota will head into 2022 with a record $7.7 billion projected budget surplus for the current two-year budget cycle, state finance officials announced Tuesday. The eye ...
The updated forecast was $1.5 billion more than the whopping $7.7 billion surplus that Minnesota Management and Budget projected in December Already-huge Minnesota budget surplus grows to $9.25 ...
This is a list of U.S. state government budgets as enacted by each state's legislature.. A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts).
During the 2000 Minnesota legislative session there was a $525 million budget surplus of new ongoing state revenue. In order to compromise, the surplus would be split and spent with one third of the money each going to the House, the Senate and the Governor.
The ability of the government to tax and spend in specific regions has large implications to economic activity and performance. The main question behind this issue stems into three different approaches. First, federal spending should be neutral, meaning federal taxation should roughly equal expenditures.
Mar. 1—Minnesota's record $9.3 billion projected budget surplus is being driven in large part by the increased earnings of its residents and corporations. Projected state revenue of all kinds ...
This was the first legislature to be fully DFL-controlled since the 88th Minnesota Legislature in 2013–15. During the first session (2023), the body passed a number of major reforms to Minnesota law, including requiring paid leave, banning noncompete agreements, cannabis legalization, increased spending on infrastructure and environmental protection, modernizing the state's tax code ...