state budget

Billion dollar surplus anticipated for new biennium

(Photo by Paul Battaglia) Senate Majority Leader Tom Bakk, left, and House Speaker-designate Kurt Daudt greet after they both made comments regarding the Dec. 4 release of the November Budget and Economic Forecast.

Legislators and Gov. Mark Dayton are expected to have more than a billion additional dollars at their disposal.

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Minnesota ends budget year on a high note

Minnesota ended the recent budget year stronger than expected, according to preliminary analysis from Minnesota Management & Budget.

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Where the surplus went

After more than a decade of frequent budget deficits, a state budget surplus opened up the opportunity for different kinds of conversations in the 2014 Legislative Session.

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Supplemental budget invests in Minnesota's future

The supplemental budget (House File 3172) approved by the Legislature last Friday and signed by Governor Dayton this morning makes some key investments to build opportunity for all Minnesotans. Using a portion of the $1.2 billion surplus projected in the February Forecast, the final supplemental budget includes $262 million in additional spending for this biennium and $850 million in FY 2016-17.

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House passes supplemental budget package

The House on Friday passed the omnibus supplemental budget bill 75-55.

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Supplemental budget bill includes report on overtime, agricultural employers and workers

While Minnesota Public Radio touts the conventional talking points about this year's session in What the 2014 Legislature did for you, Bluestem is finding all sorts of goodies in the supplemental budget bill, and we'll be posting more about them in the coming week.

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Legislature works to complete budget bills

This week, Minnesota policymakers continue to shape the final major budget bills of the session. Targets set late last week are guiding their work, although we may see adjustments and tweaks to those targets before the final deals are struck.

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Minnesota begins to re-invest in affordable higher education

Last year, Minnesota made some much-needed improvements in affordable higher education by restoring some of the funding cut during the Great Recession, according to a new report. After years of severe cuts, policymakers have begun to re-invest in our state’s students and increasing access to an affordable college education. But we haven’t undone all the damage and are still spending 24 percent less on our college students than before the recession.

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Legislature has full plate of fiscal issues to resolve before sine die

House Taxes Committee Chair Ann Lenczewski, House Ways and Means Committee Chair Lyndon Carlson, Sr. and House Capital Investment Committee Chair Alice Hausman pose in the House Chamber May 2. (Photo by Paul Battaglia)

On the menu at the Minnesota Legislature right now is a three-course fiscal feast. The $1.23 billion General Fund surplus forecast earlier this year for the current biennium provided the fixings for a tax bill, supplemental spending bill and bonding bill.

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