We are expecting a February Budget Forecast to be largely inline with the November Forecast. The quarterly report released by Minnesota Management & Budget Office showed a slight improvement on receipts, but some corporate figures are expected in the first quarter of this year due to an alignment with Federal reporting. MMB Report
With the release of the February Budget Forecast, legislators can have their final numbers to calculate for their own budgeting. This forecast will not include any effects from the Coronavirus, because the calculations occurred before the outbreak and may call for additional cautions.
What: 2020 February Budget and Economic Forecast
Where: Dept. of Revenue, Skjegstad Room (2000), 600 Robert St. N., St. Paul, MN 55101
When: Thursday, February 27 at 11:15 a.m.