Minnesota is poised to have a $616 million surplus in the upcoming two-year budget cycle, but the state Department of Management and Budget warned Wednesday that a $5.1 billion deficit could come in ...

Minnesota’s modest projected budget surplus for the next two years has dropped to $456 million, lower than the last estimate, and a projected deficit for the following two years has grown to nearly $6 ...

Minnesota state economists Wednesday projected that the surplus for the next state budget will be $616 million, far less than legislators have become accustomed to and signaling a less-ambitious ...

Just a few years ago, Minnesota was flush with surplus cash. But economic forecasts for the state show deficits loom ahead. Minnesota’s projected budget surplus for the next two years has shrunk amid ...

Gov. Tim Walz is joining other state leaders to present Minnesota’s latest budget forecast on Wednesday. The new forecast is the last one before the start of the legislative session next month. Keep ...

Minnesota is headed on a negative fiscal trajectory in the near future, according to the state’s latest budget forecast. The state will have a $456 million surplus heading into the 2026-27 fiscal year ...

ST. PAUL, Minn. — Minnesota’s projected budget surplus has grown to nearly $2.5 billion in the current two-year budget cycle, though a projected shortfall of almost $3 billion is expected in the ...

Minnesota is spending more than it generates in revenue, and slow economic growth, increased spending are driving up costs.