Budget

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Costs Of Major Minnesota Capitol Renovation Creeping Up

A major renovation of the state Capitol is threatening to run $30 million over budget, state officials advised lawmakers Friday. Documents released to a commission overseeing the overhaul show the extra costs stem from water damage repairs, security improvements and other costs. Those overruns would increase the total cost by about 10 percent, to more than $300 million.

6 hours ago

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Senate Democrats Stress Education, Reserves In Budget Plan

Minnesota Senate Democrats produced a two-year budget outline Friday that would commit $555 million more for education programs and sock $250 million extra into state reserves, a framework that lands them between the ambitions of Gov. Mark Dayton and majority House Republicans.

18 hours ago

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House Budget Calls For Tax Cuts, Slimming On Human Services

Minnesota’s top Republican leaders proposed Tuesday a budget that includes $2 billion in tax cuts.

03/24/2015

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Dayton Ups Recommendations For Tax Relief, School Spending

Minnesota Gov. Mark Dayton proposed spending nearly all of the state’s $1.9 billion dollar budget surplus on Tuesday. Gov. Dayton outlined a series of new spending programs on children, education and families.

03/17/2015

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Dayton Calls For More Budget Specifics From House GOP

Gov. Mark Dayton says majority House Republicans are getting a “free ride” when it comes to the state’s budget planning. Speaker Kurt Daudt says the House GOP will devote at least half of the state’s $1.8 billion surplus to tax relief while also boosting spending for education and nursing homes. Other Republicans have called to return the entire surplus to taxpayers.

03/09/2015

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Warmer Weather Could Mean Extra Cash For MnDOT

Minnesota’s Department of Transportation is hoping the warmer weather over the next couple of weeks marks the end of winter weather. This winter is a big contrast to last year’s unusually harsh winter that forced MnDOT to blow past its budget by tens of millions of dollars.

03/07/2015

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Budget Debate To Heat Up As New Economic Report Sets Surplus

The budget-setting preseason at Minnesota’s Capitol is about to give way to the session’s full-blown debate, helped along by an economic forecast that guides tax-and-spending parameters. Friday’s release of the comprehensive report will determine whether Gov. Mark Dayton and the Legislature still have a projected $1 billion surplus at their disposal — or if it’s gone up or down since the last look in December.

02/25/2015

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Republican Lawmakers Respond To Governor’s Pay Hikes

Minnesota Republican leaders today ramped up their criticism of Gov. Mark Dayton’s hefty pay hikes for his Cabinet. The Democratic governor issued a letter to the legislature, calling the pay hikes “necessary” and “legal.”

WCCO-TV–02/09/2015

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Podcast Page: 2-5-15 The WCCO Morning News With Dave Lee

Listen to U of M President Eric Kaler discuss measles preparations, and other highlights from Thursday by clicking the link above.

02/05/2015

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Podcast Page: 2-3-15 The WCCO Morning News With Dave Lee

A Timberwolves Ticket Tuesday…..click the link above to listen to Erik Paulsen discuss vaccinations, President Obama’s Budget and more.

02/03/2015

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Minnesota Zoo Seeks Emergency Funding From Government

The Minnesota Zoo is asking the legislature for help with a million dollar budget deficit. Zoo officials said they may otherwise be facing some difficult decisions to make it up, including the possibility of closing some exhibits.

WCCO-TV–02/02/2015

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Budget Fine Print: More Fines For Texting Drivers, Park Fees

Getting caught texting while driving could carry a steeper fine. Entrance fees at Minnesota state parks would rise slightly to pay for upkeep. Meat, poultry, canning and other food-production plants would be more likely to come under inspection thanks to beefed-up budgets.

01/28/2015

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Dayton Signs $17M Flood, Disaster Relief Bill

Gov. Mark Dayton has signed a bill to help rebuild Minnesota roads and restore lands hit by flooding last June. Dayton signed the bill Tuesday. The bill provides $17.3 million in state aid, including $11.8 million for flood and disaster relief.

01/27/2015

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Dayton’s Proposal Includes $10 Million To Replace Planes

Gov. Mark Dayton’s budget proposal includes almost $10 million to replace two planes used for state employee travel.

01/27/2015

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Dayton Calls For Rail Tax Changes, Fees To Fund Upgrades

Gov. Mark Dayton says railroad companies need to pay more to ensure Minnesota communities can handle increased train traffic. The Democratic governor is proposing updating how the state taxes railroad companies to include train cars and bridges.

01/27/2015

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Gov. Dayton Sheds Light On Education Funding Increases In Budget

More details are spilling out from Gov. Mark Dayton about his upcoming budget proposal, and this time it’s about new money for education programs.

01/23/2015

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Dayton Details Child Care Tax Credit He’ll Have In Budget

Gov. Mark Dayton will seek approval for an expanded child care tax credit that would extend the benefit to 92,000 more Minnesota families.

01/20/2015

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LEGISLATURE ’15: Budget, Bridges, Booze And More

The strike of a gavel Tuesday will start Minnesota’s Legislative session, a marathon of bills, amendments, debate and disagreements that will run into the spring. Here’s a taste of what may be brewing at the Capitol this year.

01/03/2015

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Lawmakers Seek Deeper Look At State Finances

Minnesota lawmakers want to dive deeper into the details of a state report showing a $1 billion budget surplus awaits them. The House Ways and Means Committee summoned state finance officials to a hearing Friday to give more information about the just-released revenue forecast.

12/05/2014

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Minnesota Officials Expect $1 Billion Surplus

Minnesota finance officials say lawmakers have a $1 billion projected surplus at their disposal in the upcoming session. The estimate provided Thursday in a new economic forecast should make for a smoother path to a new two-year budget.

12/04/2014

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Minnesota Orchestra Posts $650,000 Deficit

The Minnesota Orchestra says it has ended the 2014 budget year with a smaller-than-expected deficit of $650,000. The orchestra announced Tuesday that it reduced its deficit despite a 16-month lockout of union musicians that ended Feb. 1.

12/03/2014

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Twin Cities Archdiocese Slashes Budget, Cites Unexpected Legal Fees

The embattled Archdiocese of St. Paul and Minneapolis has announced it will be slashing its budget by 20 percent. In a statement, the archdiocese says more than $5 million in cuts is due to unexpected legal fees.

11/10/2014

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Twin Cities Archdiocese Shaving $5M Off Budget

After a year filled with scrutiny and scandal, the Archdiocese of St. Paul and Minneapolis says cuts are coming. The archdiocese will cut more than $5 million, or about 20 percent from its budget.

11/09/2014

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McFadden Releases Plan For Legislative Action

Republican Senate candidate Mike McFadden is making several promises for legislative action if he defeats Sen. Al Franken. McFadden vows to help write a balanced budget amendment — and a bill that would halt lawmaker pay if Congress doesn’t pass a budget — within his first 100 days in office.

10/08/2014

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Monthly Tax Collections Off By $10M In August

Minnesota’s tax collections for the year have fallen further behind earlier projections. State finance officials reported Wednesday that tax collectors took in $10 million less than expected in August. Individual income taxes lagged the most. In all, the state took in more than $1.3 billion last month.

09/10/2014

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