InForum

Minnesota budget forecast shows near-term surplus, looming deficit shrinking to $3 billion

Minnesota Management and Budget (MMB) presented its November forecast on Thursday, showing a previously projected $6 billion budget deficit for 2028, decreasing to $2.96 billion for 2028-29. In the ...
KSTP

Minnesota budget forecast shows nearly $2.5B surplus in short-term, $3B deficit looming

MMB characterized the state's overall budget and economic outlook as "stable" but acknowledged "structural budget challenges ...

State budget forecast projects $2.5 billion short-term surplus, looming deficit

Minnesota budget analysts project the state will have a surplus of nearly $2.5 billion in the current budget and a deficit of just under $3 billion in the next, a significant shift compared to a more ...
KNSI

Minnesota Office of Management and Budget Reduces Expected Deficit for 2028-29 Biennium

Despite the GDP sluggishness, Minnesota’s fiscal house remains in order, at least in the short term. The current forecast is ...
WDIO News

Minnesota budget forecast: Nearly $2.5B surplus in the short-term, deficit on the horizon

Minnesota’s latest budget forecast shows a bigger surplus than previously predicted, but still predicts a deficit in a few ...