Minnesota News Network

  • Home
  • MNN Reporter Team
  • News
    • Politics & Government
    • Crime & Court
    • Health
    • Business
    • Entertainment
    • Weather & Natural Disaster
  • Sports
    • Gophers
    • Twins
    • Wild
    • Timberwolves & Lynx
    • Vikings
  • Minnesota Matters
  • Contact Us
    • Advertise with us
  • Affiliates
    • Affiliate Support
You are here: Home / News / State budget forecast out today

State budget forecast out today

December 6, 2018 By Scott Peterson

The state economic forecast comes out today. It will let lawmakers know whether there’s a projected budget surplus or deficit in the 2019 legislative session. Democratic Representative Lyndon Carlson, incoming chairman of the House Ways and Means Committee, predicts a budget surplus and says “I think we can safely say for the upcoming biennium we’re going to have a significant number of dollars available, with the economic growth we’ve had we’ve been generating additional revenue.” Carlson does, however, add “the I way view the November forecast, that’s kind of a benchmark, that tells us where we stand at this point in time, the forecast that we’ll really build the budget on is the February forecast which will come out in early March.” Carlson says the state is in good economic shape in the short-term, partly thanks to the federal tax cut, but he’s quick to note that is likely only a “temporary bump” and a budget shortfall could be coming in 2021.

 

Share this:

  • Facebook
  • Twitter

Filed Under: News

Follow us on Twitter

My Tweets

Gophers add supports staff members to football coaching staff

Three additions have been made to the Minnesota football support staff, head coach P.J. Fleck announced Thursday. Shaq Vann has been named an offensive graduate assistant, while Keegan O’Hara is an offensive analyst and Dennis Dottin-Carter is joining as a senior defensive analyst. A native of South Bend, Ind., Vann comes to Minnesota after two […]

Wild Return Home Tonight

(St. Paul, MN)  —  The Wild are back on home ice for the final two games before they get a break in the schedule for their bye week and the All Star Break.  Tonight, they’ll host the Flyers followed by a Saturday night match up against the Sabres.  Minnesota just completed a four game trip […]

Halldorson honored by Wild with Legacy Award

The Minnesota Wild, in partnership with Minnesota Hockey and Bally Sports North, today announced Laura Halldorson as the 2022-23 State of Hockey Legacy Award winner. Halldorson becomes the first female to receive the honor. “Laura is a true trailblazer for our sport, both within Minnesota and beyond,” said Minnesota Wild owner Craig Leipold. “Her impressive […]

Follow us on Facebook

Follow us on Facebook

Copyright © 2023 · Learfield News & Ag, LLC