Government's financial update expected to show bigger deficits for longer
Broad expectations are for the budget deficit to push out by more than $1b from the budget forecast towards $15b for the year ended June.
MinnPost10d
With budget deficits on the horizon, state lawmakers react along party lines
While DFL leaders point to a current surplus in Minnesota, the GOP blames them for an expected budget shortfall on the ...
The Daily Item3d
Marblehead financial picture looks positive
The Finance Committee and Chief Financial Officer (CFO) discussed the upcoming financial forecast for fiscal year 2026 (FY26) ...
Minnesota economic forecast projects $1.1 billion less in 2026-27, possible deficit ahead
A new economic forecast shows Minnesota's state budget surplus will have $1.1 billion less than expected. A deficit could be ...
China slowdown to rip $8.5b from federal budget: Chalmers
The treasurer’s downbeat assessment came despite Beijing last week announcing plans to stoke the country’s slowing economy ...
MPR News11d
Minnesota budget update shows $1.1B less than prior forecast
The economic report released Wednesday morning by state budget officials projects a downturn, with only a $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 ...
MPR News11d
Former Minnesota finance commissioner weighs in on state budget forecast
He served as a finance commissioner at the state Department ... Governor Tim Walz and legislative leaders received a state budget forecast that was about $1.1 billion less than what they were ...
Yahoo4d
Portland seeks budget, staff cuts after new forecast shows $27M shortfall
According to the forecast, projected city funds for ... said Chief Financial Officer Jonas Biery, who oversees the Budget & Finance Service Area. “Now, we have more detailed targets.” ...