WCCO EYE4 LOGO WCCO Radio wcco-eye-red01, ww color red

Latest News

Quarterly Status Check Due On Minn. Revenues

View Comments
Minnesota State Capitol, St. Paul, st paul, generic, government

(credit: Mark Erickson/Getty Images)

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. 4 Things For April 18, 2014
  2. WCCO Viewers’ Choice For MN’s Best Fried Chicken
  3. Wis. Senior Bowls Perfect 300 ... Again
  4. Dozens Behind Bars After Largest MN Heroin Bust
  5. Morning Headlines From 04/18

ST. PAUL, Minn. (AP) — A quarterly check-up on Minnesota’s tax collections will also offer a glimpse of how the state’s economy is faring moving forward.

The update was due out Wednesday from the Department of Minnesota Management and Budget.

The report will summarize tax collections from April through June. Collections summaries for April and May showed the state a combined $178 million ahead of expectations.

These quarterly reports also look ahead to highlight growth patterns expected in future months and years. The reports don’t show whether state spending is tracking with expectations, however.

The finance report also won’t factor in new tax increases that started taking effect in July as part of a recently adopted state budget.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus