Gov. Tim Walz addresses reporters after a budget forecast presentation on Dec. 4, 2025. (Photo by Michelle Griffith/Minnesota Reformer)ST. PAUL, Minn. (Minnesota Reformer) — Minnesota’s finances look good for now, but lawmakers will need to address a future multi-billion dollar budget shortfall, Minnesota budget officials announced Thursday. The state is currently sitting on a $2.5 billion surplus through June 2027, but could…
ST. PAUL (KVRR) — On Thursday, Minnesota Governor Tim Walz announced that a budget deal was close to being reached, but it ended up falling short of the needed support to pass. The state legislature has less than 4 full days left in the regular session to come to an agreement on a budget, making a special session likely. State…
ST. PAUL, Minn. (AP) — Minnesota’s budget outlook has improved thanks to higher corporate profits, officials said Thursday as they projected a slightly bigger surplus that will give the Legislature a little bit more breathing room this session. Minnesota Management and Budget said the current two-year budget period, which runs through June 2025, is now expected to end with a…
