Gov.

Minnesota’s budget and economic forecast shows current surplus with a looming deficit

ST. PAUL, Minn. (KVRR/KFGO) — Minnesota’s budget and economic outlook remains stable in the current biennium. State officials are predicting a surplus of nearly $2.5 billion in the current biennium, but a $2.96 billion deficit for the 2028-29 budget. The Minnesota Management and Budget Office says a better-than-expected fiscal year close and higher near-term revenue collections, partially offset by increased…

Fargo-Moorhead West Fargo Chamber asks Walz to scrap Minnesota’s ‘Clean Cars’ rules

FARGO (KVRR) – The Fargo-Moorhead West Fargo Chamber wants Gov. Tim Walz to stop, or at least delay his plan to impose new air emissions standards for Minnesota vehicles. The Chamber, along with about a dozen other border community business groups co-signed a May 25 letter to Walz outlining their concerns over his proposed “Clean Cars” policy. “The considerable price…

MN Gov. Walz’s Budget Proposal Includes 20 Cent Per Gallon Gas Tax Hike

ST. PAUL, Minn. (FOX 9) – Gov. Tim Walz on Tuesday proposed hiking Minnesota’s gas tax by 20 cents per gallon to pay for road and bridge projects. Under the governor’s spending proposal, the state’s gas tax would increase by 70 percent from the current 28.6 cents per gallon to 48.6 cents. That would make Minnesota’s gas tax the fourth-highest in the…