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Minnesota budget surplus forecasted at $616 million
Minnesota budget surplus forecasted at $616 million, but warning signs linger
State budget forecasters project extra money on the state's bottom line in the next two years but there are warning signs of a potential big deficit in the future.
Latest state budget forecast released with a short-term surplus of $616 million
Back in February, the state budget forecast showed a surplus of $3.7 billion, but the budget office said nearly all of the surplus would be used up in the next two years if lawmakers didn't make any changes.
Projected state surplus dropped by $1.1 billion, MN budget forecast shows
The Minnesota Department of Management and Budget expects a $616 million balance for the state in 2027 — about $1.1 billion less than prior estimates, according to their November forecast. Though the state will be spending more money than it is taking in,
Minnesota's projected budget surplus shrinks to $616 million
Minnesota budget officials are cautioning of a "growing structural imbalance" that could put the state in the red in future years. The latest: The warning comes after state economists released an updated forecast showing a $616 million surplus at the end of the next two-year budget cycle,
Minnesota’s state budget forecast to be released Wednesday
Minnesota lawmakers will find out Wednesday whether they’ll have a projected budget surplus or shortfall to manage in next year’s legislative session. Officials from Minnesota Management and Budget will present the state’s latest economic forecast at a news conference Wednesday morning.
San Francisco expects $876 million budget gap
San Francisco expects $876 million budget gap, warns of cuts
San Francisco is projecting a $876 million budget shortfall over the next two fiscal years, prompting Mayor London Breed to instruct city departments to plan for 15 percent across-the-board spending cuts.
San Francisco Expects $876 Million Budget Deficit, Warns of Cuts
San Francisco is projecting a $876 million budget shortfall over the next two fiscal years, prompting Mayor London Breed to instruct city departments to plan for 15% across-the-board spending cuts.
San Francisco leaders take on $876 million budget shortfall
Oakland is not the only city in the Bay Area with a massive budget deficit. San Francisco Mayor London Breed has told city departments that San Francisco faces a budget deficit of $876 million over the next two years,
11h
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan ...
2h
Medina council reviews initial budget estimates of courthouse renovations
City officials are experiencing a bit of sticker shock as the initial budget estimate for renovations to the 1969 Courthouse ...
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16h
Pledge to scrap two-child benefit cap as Scottish Budget is unveiled
The Fraser of Allander Institute has estimates that it would cost £220m to replicate the business rates relief in Scotland - ...
3h
Budget shortfall causes layoffs at Kingfisher Public Schools
Budget issues and a hefty settlement are causing layoffs at Kingfisher Public Schools, making the small Oklahoma district ...
16h
on MSN
What to expect in France's political and budget crisis
PARIS (Reuters) -French Prime Minister Michel Barnier faces a no-confidence vote on Wednesday that, if successful - as ...
13h
on MSN
Five key takeaways from the Scottish Budget
A vow to scrap the two-child benefit cap and changes to basic and intermediate tax thresholds are among the plans for the ...
18h
on MSN
Intel Launches Arc B-Series Graphics Cards for Budget Gamers
Intel has announced its next-generation Arc B-series desktop graphics cards, based on its new Xe2 architecture dubbed ...
23h
on MSN
Contentious budget plans are wreaking political havoc across Europe
It seems that the ramifications of a perceived "bad budget" are causing political casualties in a way that Europe will need ...
12h
What’s in the Scottish Budget… in 85 seconds
Scotland’s finance secretary, Shona Robison, has set out her tax and spending plans for the next financial year. BBC ...
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