AM 1240 WJON » state budget

Dayton Makes No Promises About Tax Plan Changes

The Associated Press — Thu, 28 Feb 2013 20:15:53 +0000

Gov. Mark Dayton says Minnesota taxpayers will benefit from a smaller-than-expected budget deficit, but don't expect drastic changes to his tax plan. State budget officials announced Thursday that lawmakers will need to tackle a $627 million budget deficit for the next biennium.

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MN Collects More Taxes, Warns of Fiscal Cliff

The Associated Press — Wed, 10 Oct 2012 20:55:47 +0000

Minnesota collected more taxes than expected in the latest quarter, a bright sign ahead of a comprehensive budget forecast due in early December.

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Local Lawmakers React to News of Budget Surplus [AUDIO]

Jim Maurice — Thu, 01 Dec 2011 19:08:16 +0000

Minnesota lawmakers got an early Christmas present today (Thursday), a budget forecast of an estimated $876 million surplus for the rest of this two-year budget.

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Minnesota Budget Forecast Likely to be More Bad News

The Associated Press — Wed, 30 Nov 2011 15:49:02 +0000

Minnesota lawmakers are braced for bad news with Thursday's release of a state economic forecast. Expectations at the Capitol are for somewhere between $500 million to $1 billion in red ink in the state general fund.

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UPDATE – MnSCU May Send 6,000 Layoff Notices On Friday

The Associated Press — Wed, 08 Jun 2011 17:18:58 +0000

The Minnesota State Colleges and Universities system will send layoff notices to 6,000 employees Friday if it can't work out a deal to get access to its money in a state government shutdown.

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Dayton Floats Smaller Tax Hike; GOP Not Interested

The Associated Press — Mon, 16 May 2011 17:09:45 +0000

Gov. Mark Dayton says he is willing to meet the Republican Legislature halfway with a smaller income tax increase as end-of-session budget talks begin. The Democratic governor outlined a new proposal Monday, raising the level for a new top-tier income tax bracket and dropping a property tax on homes worth more than $1 million.

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Minnesota Tax Collections Run Strong In April

The Associated Press — Thu, 12 May 2011 16:32:46 +0000

Minnesota tax collectors say they brought in $69 million more than they were anticipating for April, the latest strong report on the state budget front. The Department of Minnesota Management and Budget said the state is now running $100 million ahead of revenue expectations since February.

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Dayton: No Gambling In Minnesota Budget Proposal

Lee Voss — Tue, 01 Feb 2011 23:03:08 +0000

Gov. Mark Dayton says he doesn't expect to include new gambling dollars in the state budget he will present in two weeks.

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