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Minnesota, budget

Minnesota’s budget situation worsens in the near and long term with possible deficit growing

Minnesota finance officials reported worsening in the state’s budget picture in the near term and down the road, saying a small fiscal cushion had shrunk and a future potential deficit has grown.

‘Significant’ uncertainty subdues Minnesota’s near-term budget surplus with deficit on horizon

The state will have a $456 million surplus heading into the 2026-27 fiscal year, down $160 million from November's estimate, according to Minnesota Management and Budget.

FOX 9 Minneapolis-St. Paul on M… · 2h

Blame game escalates as Minnesota’s budget forecast worsens

It says the state should still have a surplus at the end of fiscal year 2027, but the projected balance is now $456 million – $160 million lower than estimates provided in December. By 2029, that surplus turns into a $6 billion deficit — almost $900 million worse than in December.

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Gov. Walz responds to MN budget forecast, answers questions

Minnesota Gov. Tim Walz responds to the state budget and economic forecast, address questions and discussing the impact of ...

4hon MSN

Gov. Walz offers to step in and hold town halls if Republicans won't

Minnesota Gov. Tim Walz has offered to step in and host town halls in Republican districts after the National Republican ...

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Minnesota counties criticize Walz’s human services budget, warn of high property taxes

Minn., criticizes Walz's budget for shifting the burden to property taxpayers, suggests cutting free college for noncitizens.

Mankato Free Press3h

Budget surplus shrinks

Minnesota’s projected surplus for the next two years has shrunk amid “significant near-term economic and fiscal uncertainty,” ...

Minnesota lawmakers get budget update that won’t include full scope of Trump federal pullbacks

Legislators are already weighing the ways they might have to bridge budget gaps if federal officials cut funding streams to ...

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