Minnesota projected budget surplus grows slightly to $1.5B

Minnesota Public Radio reports…

The state of Minnesota is expected to have a budget surplus of $1.513 billion over the next two years, the state’s budget office predicted Thursday.

This is an increase from the $1.3 billion surplus that was predicted in December.

Lawmakers will use the $1.5 billion forecast as the basis for a revised budget in the current legislative session. Going from a large surplus to a slightly larger surplus didn’t change the dynamic at the Capitol, where Democrats want to spend more on education and Republicans back tax cuts.

Hopefully this will bode well for funding for broadband, which is mentioned…

Walz intends to release a supplemental budget around March 10. Among other items, he has said his plan would include millions of dollars in spending recommendations for broadband expansion grants, disaster response, increased rape-kit testing and farm safety initiatives.

This entry was posted in Funding, MN, Policy by Ann Treacy. Bookmark the permalink.

About Ann Treacy

Librarian who follows rural broadband in MN and good uses of new technology (blandinonbroadband.org), hosts a radio show on MN music (mostlyminnesota.com), supports people experiencing homelessness in Minnesota (elimstrongtowershelters.org) and helps with social justice issues through Women’s March MN.

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