Legislative Leaders Response to the 2011 Revenue Forecast

The Republicans going first started with House Speaker Kurt Zellers (R-32B, Maple Grove), Senate Majority Leader Amy Koch (R-19, Buffalo), House Majority Leader Matt Dean (R-52B, Dellwood) and Assistant Senate Majority Leader Geoff Michel (R-41, Edina) who stood...

2011 February Revenue Forecast

As we anticipated the state’s economic outlook improved slightly with the release of the new projects from the Office of Minnesota Management and Budget (MMB). The improvement is due in large part to the increased revenues realized from the lame duck session tax...

Revenue Forecast 2004

The State of Minnesota has a projected $495 million surplus for 2004-05 and is looking at a deficit in 2006-07 of between $700 million and $1.39 billion when factoring inflation. Current projections show the state’s burden of healthcare costs climbing significantly...

The Final Budget Numbers

The February Revenue Forecast was released Wednesday. These will be the figures used to determine the current budget surplus and the amount of spending available for the 2002-03 fiscal year. Senate Majority Leader Roger Moe (DFL-02, Erskine) briefed the capital press...

February Revenue Forecast 2010

The state’s future outlook is slightly improved over the projections announced in November. The forecast shows a $209 million projected change with $184 million in expenditure reductions and $25 million increases in revenues. The $184 million in expenditure reductions...