budget

The two top leaders of the Minnesota Legislature said they reached agreement with Democratic Gov. Tim Walz early Monday on broad targets for the state's next two-year budget.

Gov. Tim Walz has proposed raising taxes on the wealthiest Minnesotans and large companies to help plug a projected $1.28 billion gap in the next two-year budget.

Waite Park has begun laying out the framework of their preliminary budget for next year.

As the global economy takes a hit due to the COVID-19 pandemic, St. Cloud officials are trying to be fiscally responsible when it comes to spending.

Amount is up less than one percent over last year.

Residents of Rockville could see their taxes increase next year.

Republicans who control the Minnesota Senate have unveiled a framework they say will balance the budget without raising taxes or making painful spending cuts, setting up what they concede will be difficult negotiations with Democrats to end the session.

Gov. Tim Walz has announced a series of tweaks to his budget proposal to reflect projected slower economic growth.

Minnesota officials are forecasting that the state will have a $1.5 billion surplus for the next two-year budget period.

As Waite Park officials begin to discuss their 2019 budget, they are also taking some time to dissect their Capital Improvement Plan.