This free webinar, presented by CGMC Executive Director Bradley Peterson, explored COVID-19 and its impact on state and local budgets.
The final days of the legislative session have a very different feel this year. Under normal circumstances the halls of the Capitol and legislative buildings would be filled legislators, staff, lobbyists, and the public. The atmosphere would be electric with bursts of activity, conference committees called at a moment’s notice, . . .
On Monday, the House Ways and Means Committee held a virtual meeting that focused on a presentation from Minnesota Management and Budget (MMB) Commissioner Myron Frans and State Economist Laura Kalambokidis on the quarterly economic outlook that came out April 10, as well as an update on the COVID-19 federal . . .
The February budget and economic forecast, released by Minnesota Management and Budget (MMB), shows the state budget surplus for FY 2020-21 has grown to $1.5 billion — $181 million higher than the previous forecast in November. MMB Commissioner Myron Frans said this forecast is stable, but he also warned . . .
For Immediate Release February 6, 2020 Contact: Julie Liew PDF version With state on solid economic footing, group says lawmakers must set aside partisan squabbles and focus on passing bonding bill, making other key investments ST.PAUL—With the state sitting on a $1.3 billion budget surplus and a AAA bond . . .
Minnesota Management and Budget (MMB) has released the November Budget and Economic Forecast, projecting a $1.33 billion surplus for the current biennium (FY20-21). While the upcoming legislative session is not a budget session, the forecast helps frame discussion of a bonding bill and a supplemental budget in 2020.Gov. Walz and . . .