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PORTLAND, Ore. (KOIN) – Portland leaders are staring down “difficult decisions” after a new budget forecast shows a higher budget shortfall than previously projected, the city announced Tuesday.

MMB Commissioner Erin Campbell presented the state's November 2024 budget forecast at the Department of Revenue building on Dec. 4, 2024. Photo by Michelle Griffith/Minnesota Reformer. With a ...

Create an account or log in to save stories. State economic officials release a key budget forecast on Wednesday. The projection of either a surplus or deficit will provide lawmakers and the ...

Create an account or log in to save stories. The state’s latest economic forecast, revealed Dec. 4, predicts less revenue than expected and higher-than-expected costs for some government programs.

ST. PAUL — Minnesota’s November budget forecast on Wednesday showed a positive $616 million balance for the end of the 2026-27 biennium and a projected $5 billion deficit for the 2028-29 ...

Anything that passes to Walz's desk must have bipartisan support. "The results that we saw with this budget forecast that came out today is exactly what House Republicans have been warning for the ...