MINNESOTA BUDGET Archives - KVRR Local News

MINNESOTA BUDGET

Minnesota legislators closer to budget agreement, but special session still likely

May 15, 2025

Eric Bolin,

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…

Good news on business tax revenues boosts Minnesota’s budget surplus to $3.7B

February 29, 2024

kvrr-apiuser,

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…