Walz Pairs Back His Budget By Five Percent

Minnesota Report On Friday, Governor Tim Walz (DFL-MN) met with reporters to field questions after unveiling his newly revised budget in a reflection of the February Revenue Forecast, which projected $492 million less in revenue for 2019-20. The revised budget called...

February 2019 Revenue Forecast Down

Minnesota Report As we expected the February Revenue Forecast, which the 2020-21 State Budget will be based on, is showing a reduction from the November Forecast of $492 million, leaving a projected surplus of $1.052 billion. These figures, though based on...

Expectations for Walz’ First Proposed Budget

Minnesota Report We have heard only limited information in advance about the elements of Governor Tim Walz’ (DFL-MN) 2020-21 Budget. He is set to announce it at 12:00 PM today. We know there will be a proposed gasoline tax increase and an additional amount of funding...