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.
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.
As $1.9B Surplus Announced, Budget Battle BeginsMinnesota lawmakers from both parties agree that a nearly $1.9 billion budget surplus is good news. They just disagree on how to spend it.
Officials Project Nearly $1.9 Billion Budget SurplusMinnesota officials project nearly $1.9 billion state budget surplus through June 2017.
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.
Wis. Finished Fiscal Year With $135.6 Million SurplusGovernor Scott Walker's administration says the state finished the last fiscal year with a $135 million surplus.
Grain Surplus, Strong Dollar Could Hamper Record Growing SeasonAs a stiff, southern breeze shimmers a ripening field of soybeans, fall harvest cannot be far behind. This summer's growing season is about as close to perfect as it gets for grain farmers like Bruce Peterson of Northfield.
Bill Would Have Commerce Dept. Do More To Return Unclaimed Funds Lawmakers are trying something new to return thousands of dollars to Minnesotans who may not know their money is missing.
Minnesota Scoops Up Extra $555M In Taxes For The YearState officials released a report Friday showing revenue collections were up nearly 3 percent above projections for the fiscal year ending in June.
MN GOP Rolls Out Surplus Refund Ad CampaignA new state Republican Party television ad is advocating a full return of Minnesota's $1.87 billion projected surplus to taxpayers, which is more than majority House Republicans have embraced. Party Chairman Keith Downey framed the "give it all back" rallying cry as a starting point.
Dayton Calls For More Budget Specifics From House GOPGov. 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.
Bakk: Hold Back Some Of Surplus In Case Of Tax-Lawsuit LossSenate Majority Leader Tom Bakk says he's reluctant to use Minnesota's projected $1.87 billion surplus entirely because of a tax lawsuit that would be costly if the state loses.

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