state budget

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…

By Denise Dittrich, MSBA Associate Director of Government Relations Gov. Mark Dayton delivered his State of the State Address on Thursday — with five weeks left in the legislative session. The general message was: “The State of the State is good.” Dayton cited national experts to support his tax policies…

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