budget

Minnesota Management and Budget Commissioner Jim Schowalter told members of the Big 4 group that the state budget is out of whack from the pandemic. He urged schools, counties, cities and township leaders to all pull together to get out of the shortfall. Schowalter is looking at a $2.3 billion…

Minnesota’s budget and economic outlook has improved since the end of the 2019 legislative special session, according to the Minnesota Management and Budget’s 2019 November Budget and Economic Forecast released on Thursday, December 5. A better than expected close to the last biennium, an improved revenue forecast, and a small…

Tour stops include Fairmont, Deer River, Grand Rapids, Marshall, Montevideo, New Ulm, Owatonna and Willmar Source: Minnesota Department of Education During the legislative break, Education Commissioner Mary Cathryn Ricker will host a statewide listening tour to promote Gov. Tim Walz’s proposed education budget. Commissioner Ricker will tour schools and visit with educators, students,…

Education spending was prioritized in Gov. Tim Walz’s Budget for One Minnesota unveiled today. In total, Gov. Walz’s state budget proposal represents an investment of $733 million in additional pre-K through grade 12 education funding over the next two years, and $158 million in funding to support Minnesota’s higher education system,…

According to Minnesota Management and Budget (MMB), the state’s net general fund receipts for fiscal year (FY) 2018 are now estimated to total $22.034 billion — $348 million (1.6 percent) more than projected in the February 2018 Budget and Economic Forecast. Higher than expected net individual income tax, corporate tax…

Source: Session Daily By Minnesota House of Representatives Public Information Services staff A session that began three months ago has largely been boiled down to, well, a large bill that doesn’t appear to have gubernatorial support. In the middle of the night — 2:31 a.m. — the House passed the…

Minnesota Management and Budget (MMB) today released the 2018 February Budget and Economic Forecast. Minnesota’s budget and economic outlook has improved since November. A surplus of $329 million is now projected for the fiscal year 2018-19 biennium. The revenue forecast for the biennium is up $353 million compared to November…

Source: National School Boards Association (NSBA) On February 12, the Trump Administration submitted the fiscal year 2019 budget request to Congress, which proposes a $3.8 billion cut to the U.S. Department of Education, a $2.6 billion decrease for the U.S. Department of Labor, and an $18 billion decrease for the…

Source: National School Boards Association CONGRESSIONAL NEWS Fiscal Year 2018 Appropriations: After heated debate on both the House and Senate floor overnight, Congressional leaders have finally reached a long-sought agreement on topline spending that will pave the way to complete the FY 2018 federal appropriations and budget process. The bipartisan…

Source: Session Daily By Jonathan Avise See you in court. That was the message Friday from Republican House and Senate leadership in approving a resolution to seek outside legal representation in an effort to restore funding for the Legislature that Gov. Mark Dayton line-item vetoed May 30 as part of…

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