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Minnesota's Tax Take Misses Projection For Quarter

ST. PAUL, Minn. (AP) — Minnesota's tax collections have come in short of expectations.

A state budget analysis released Friday shows tax revenue was $46 million less than projections from July through September.

Republican House leader Kurt Daudt says the report is proof "Minnesotans can't afford tax-and-spend, all-Democratic rule at the Capitol."

Tax collections missed marks in more months this year than they've been ahead of projections. But the last fiscal year ended with the state $186 million up.

But Democrats are sure to seize on a stronger September, which beat projections but not enough to offset weaker months.

The quarterly update doesn't track state spending patterns. A comprehensive economic forecast surveying both taxes and spending comes out in late November or early December, which the next governor will use in crafting a proposed budget.

 

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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