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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 . . .

25 May ‘19

News Release: Legislature passes bill to restore LGA funding to 2002 level

2020-01-06T11:04:46-06:00May 25th, 2019|Categories: Bonding, CGMC Programs, Economic Development, Environment, Jobs, LGA, Media, News, News and Events, Press Releases, Property Taxes, Special Session, State Budget, Transportation|

For Immediate Release Contact: Julie Liew, jlliew@flaherty-hood.com PDF version ST. PAUL—It took years of advocacy by city leaders and a late-night special session to get there, but funding for the Local Government Aid (LGA) program is finally being restored to its 2002 high-water mark. The tax bill passed by the . . .

24 May ‘19

Where does Legislature stand on LGA and other CGMC priorities?

2019-05-25T10:23:03-05:00May 24th, 2019|Categories: Bonding, CGMC Programs, Economic Development, Energy & Environment, Environment, Jobs, LGA, Property Taxes, Special Session, State Budget, Transportation|

The Legislature is back in session! Governor Walz called a special session for 10 a.m. Friday with the goal of passing the state budget. While the Governor and legislative leaders have expressed preference for a one-day special session, it remains unclear whether it will stretch into the weekend. Throughout the . . .

21 May ‘19

Legislative session heading into overtime

2019-05-24T11:59:45-05:00May 21st, 2019|Categories: Bonding, CGMC Programs, Economic Development, Energy & Environment, Environment, Jobs, LGA, Property Taxes, Special Session, State Budget, Transportation|

After blowing past their own self-imposed deadlines, Governor Walz and legislative leaders House Speaker Melissa Hortman and Senate Majority Leader Paul Gazelka finally reached an agreement on the state budget Sunday evening. See their signed agreement. Although Monday was the final day of the regular session — per the State . . .

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