2020 November Revenue Forecast

Minnesota Report Today, Management and Budget Commissioner Jim Schowalter and Revenue Commissioner Robert Doty along with State Economist Laura Kalambokidis will release the November Forecast to provide some light on the state’s financial picture. Revenues have...

Expectations on Budget Forecast, Prior to Announcement

Minnesota Report 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...

Political Leaders Address the Revenue Forecast (2018)

Management and Budget Commission Myron Franz and State Economist Laura Kalambokidis met with reporters and announced a modest budget surplus of $329 million this biennium and $353 million for 2019-20. The important fact is there is no incorporation of inflation on the...

2015 February Revenue Forecast and Debt Capacity

Today, Management and Budget Commissioner Myron Franz, State Economist Laura Kalambokidis University of Minnesota Professor of Applied Economics and Budget Director Margaret Kelly presented the November Revenue Forecast and fielded questions from the press corps. The...