State budget forecast to be released Monday 03:30. ST. PAUL, Minn. -- On Monday, state budget officials will reveal the latest state budget and economic forecast, which is required by law twice a ...

Minnesota's projected budget surplus for the next two years has decreased by $160 million, now sitting at $456 million. The budget shortfall expected for fiscal year 2028-29 has worsened to nearly ...

Minnesota Gov. Tim Walz, left, chats with Management and Budget Commissioner Myron Frans following the annual presentation of the state's fiscal forecast in St. Paul on Thursday, December 5, 2019.

ST. PAUL, Minn. — Minnesota is projected to have a budget surplus of $2.4 billion this biennium, state officials said Wednesday. But there are warning signs in future years that could lead to a ...

Minnesota’s economists are expecting a slight worsening in projected tax collections in the next two-year budget, and an already looming deficit in later budgets got even more looming.

Minnesota’s budget outlook has flipped from a record surplus to a projected $6 billion deficit down the line. The shortfall projected for the state’s 2028-2029 budget cycle will almost ...

But when Minnesota Management and Budget Commissioner Jim Schowalter walked to the podium Monday, he revealed a surplus of $17.5 billion. What changed in one week to reduce the reported surplus?

The next state budget is expected to hit $72 billion, up 38 percent from the current $52 billion two-year spending plan that expires in June. Skip to content All Sections ...