Budget Surplus

Poll: Opinions Vary On How To Spend $1.2B MN SurplusA new poll shows Minnesotans are divided on how to spend a $1.2 billion state surplus. About 30 percent of respondents want the money refunded to taxpayers. Roughly the same number of people say the state should save the surplus and another 31 percent say spent it.
Dayton Revives Gas Tax Increase For Transportation PlanGov. Mark Dayton says a gas tax increase to fund road and bridge repairs should still be on the table. He declared that proposal dead late last year. But Dayton clarified Friday that was his political assessment, not his preference.
Guthrie Theater Ends Year With Surplus After Leadership ChangeThe Guthrie Theater is reporting a surplus for the fiscal year that saw the Minneapolis theater's first leadership change in 20 years. At its annual meeting Monday, the Guthrie reported a surplus of $24,000 on a budget of $29 million for fiscal year 2014-15.
Reality Check: Minnesota's Budget SurplusMinnesota's huge budget surplus for 2016 has state lawmakers scrambling to figure out what to do with it. A large part of the surplus will go to a budget reserve, and the rest of it will likely go to be a combination of tax cuts and spending.
Dayton: Bid For Gas Tax Is 'Dead'Gov. Mark Dayton says his bid for a gas tax increase for road projects likely is "dead" given an ample state budget surplus.
Minn. Lawmakers To Learn Size Of Budget Surplus ThursdayLawmakers learn Thursday how much money has piled up in state coffers and how much more is expected to materialize in coming months. Minnesota finance officials are releasing a highly anticipated economic forecast that will begin calibrating expectations for the 2016 session.
MN Surplus Expected To Top $1B, Possible Tax Cuts in '16As a sign that Minnesota's economy continues to improve, lawmakers will find out this week about a state budget surplus that's expected to top $1 billion. Gov. Mark Dayton is ready to resurrect a plan to expand child care tax credits, and working family tax credits.
Democrats Hope To Wedge Road Funding Into Special SessionSome top Minnesota Democrats are ditching a call for a wholesale gasoline tax in an effort to force action on transportation funding this year. Ambitious plans to increase funds for the state's ailing network of roads and bridges were stymied this legislative session by disagreement over how to pay for it.
Long Talks In Private, Silence In Public Feed Budget HopesDiscussions over how to spend $40 billion-plus of Minnesota taxpayer money have reached a sensitive phase where negotiators are keeping mum about the headway they're making. With less than a week to get an on-time budget passed, leading House Republicans and Senate Democrats were expected back at Gov. Mark Dayton's official residence Wednesday for a fresh round of talks.
In Tax Plans, Small Stuff Aims For Big Impact On HealthSome smaller measures in tax plans on the table in Minnesota's budget discussion aim to make a big impact on public health and child safety. They won't get the attention of business property tax breaks or across-the-board income exemptions causing clashes, but the measures stand a decent chance of happening.
Under Construction: Minnesota Leaders Scurry To Build BudgetBreak out the hard hats: the real hammering in Minnesota's construction-zone Capitol is about to start. There's less than three weeks to the May 18 session adjournment deadline. So the pressure is on to nail down a deal on a new state budget and the fate of a nearly $1.9 billion surplus.
Legislators Prepare For Showdown Over TaxesThe stage is set for a tax showdown at the state Capitol. Republicans in the Minnesota House passed a sweeping $2 billion tax relief plan on Wednesday that they say is sharply focused on middle class taxpayers.

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