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13 May ‘20

Legislative session ends May 18, but much work remains

2020-05-13T10:47:36-05:00May 13th, 2020|Categories: CGMC Programs, COVID-19, News, Special Session, State Budget|

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, . . .

28 Feb ‘20

State budget surplus swells to $1.5B

2020-02-28T09:22:25-06:00February 28th, 2020|Categories: State Budget|

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 . . .

6 Feb ‘20

CGMC to Legislature: Seize this opportunity to invest in Greater Minnesota

2020-02-06T12:44:25-06:00February 6th, 2020|Categories: Bonding, CGMC Programs, Economic Development, Energy & Environment, Environment, Media, News, News and Events, Press Releases, State Budget|

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 . . .

5 Dec ‘19

Budget surplus sets stage for 2020 session

2020-01-07T16:28:01-06:00December 5th, 2019|Categories: State Budget|Tags: |

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 . . .

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