Minneapolis Mayor Betsy Hodges unveiled Thursday her 2015 budget proposal for the city. She said her first budget focuses on equity, growth and running the city well. It also includes a property tax increase and a $3.5 million proposal to fund the Nicollet Mall redesign.
Republican candidate for governor Marty Seifert says lawmakers should consider tapping the state’s rainy-day budget reserve for a road-construction infusion. Seifert said Friday that pulling from the reserve would be one option he’d use to address a backlog of road and bridge needs. He’s opposed to raising new revenue through taxes and fees.
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Minnesota finance officials are releasing the latest details on state tax collections after a few months of disappointing figures. The quarterly update due Thursday covers revenue for April, May and June.
Minnesota’s defense against future budget shortfalls is a bit sturdier. State finance officials said Tuesday they deposited $150 million more into Minnesota government’s main rainy-day account.
The benefits of healthy eating are well known, but buying veggies, fruits and lean protein can be expensive. The cost of nutritious foods cranks up your grocery bill, while fast foods and processed foods are cheap in comparison. So do you sacrifice health to save money?
It’s not easy, but when you need transportation, there are ways to find a car despite a low credit score.
Political calculations are complicating consideration of a public works financing package. It’s a marquee bill being closely watched from water-starved Worthington to the campgrounds-in-waiting at the new Lake Vermilion State Park.
Gov. Mark Dayton says he’s willing to devote another $100 million of a budget surplus to spending on pressing needs above his previous proposal. Dayton said Thursday he made the offer to top lawmakers “in the spirit of accommodation.”
Minnesota senators are set to vote on a spending plan that devotes more money to preschool programs, financial aid for college students and allowances for caregivers for the disabled and elderly. The plan to be debated Tuesday would draw the money from the remaining state budget surplus.
The Minnesota House has approved a budget plan that would spend another $322 million of the state’s surplus. Debate went late into the night Thursday as lawmakers, mostly minority Republicans, offered some 40 amendments.
Minnesota’s Democratic-controlled House is considering a budget that spends another $322 million of the state’s surplus. Before discussion of the package began on Thursday, DFL leaders touted increased money for K-12 schools, caregivers for the elderly and disabled and roads battered by winter.
Caregivers for the elderly and disabled scored a major victory Monday when lawmakers from both parties in the Minnesota House and Senate committed to a 5 percent state rate increase aimed at preserving quality care for more than 92,000 people.
Officials with Minnesota’s new health insurance marketplace say their preliminary budget for 2015 will be balanced without seeking new federal or state money. MNsure Interim CEO Scott Leitz told reporters Wednesday that the proposed $39.8 million budget for next year is based on the assumption that the federal government will let the exchange carry over $5 million in federal grants that have already been awarded but not spent.
This year it’s not a matter of if there will be tax cuts for Minnesotans; the only question is by how much. Lawmakers are busy coming up with ways to use the state’s billion-dollar-plus surplus. Minnesota’s economy this election year is generating the kinds of jobs and tax revenues not seen in years.
A tantalizing Minnesota budget surplus has stirred talk of tax cuts or funding bumps for prized programs and infrastructure upgrades, but a less-flashy option also has gained some currency: saving some to prepare for the next economic downturn.
The Minnesota House quickly passed a bill Tuesday to send emergency heating aid to people suffering through the brutal winter, setting a rapid pace on the first day of what could be a quick legislative session.
Gov. Mark Dayton is pitching almost $1 billion in bonds for the state to take on to fund improvements in areas like higher education and infrastructure in Minnesota. Dayton introduced his proposal for a $986 million bonding bill for the state in the 2014 budget Wednesday.
Some Minnesota school districts say they are at a disadvantage in paying for basic maintenance because the state allows only a small number of districts to raise taxes without voter approval. A special committee will make recommendations to the Legislature in February on how and whether the system should be changed.
Minnesota city and county governments have a good reason to wait until after the holidays to do any major shopping: Starting Jan. 1, much of the stuff they buy will be tax-free.
How did Minnesota’s Congressional delegation vote on Budget Deal? Listen to the Podcast!
MNsure snags worrying Governor Dayton? Listen to THE MORNING TAKE by clicking the link above!
Gov. Mark Dayton says Minnesota’s newly announced $1 billion budget surplus should be used to repeal three controversial planned sales tax increases and for middle class tax relief. The first $246 million of the budget surplus that state officials announced Thursday goes to settling remaining IOUs to schools.
Minnesota finance officials are predicting a state budget surplus of more than $1 billion. That estimate released Thursday means the state can fully pay the remaining IOUs to public schools that piled up during tougher budget times.
Forget the return of deep snow and cold temperatures. The forecast Minnesota’s political class is watching this week has to do with the state budget.