Minnesota Orchestra runs biggest deficit in 109-year history

The orchestra reports it came in $2.9 million short (on a budget of $30.4 million). The Star Tribune says it's just one of dozens of major orchestras across the country that are struggling.
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The orchestra reports it came in $2.9 million short (on a budget of $30.4 million). The Star Tribune says it's just one of dozens of major orchestras across the country that are struggling.

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Minnesota Orchestra cutting jobs

The Orchestra is grappling with a $2.9 million deficit. The 16 jobs being eliminated include positions in public relations, marketing, and finance but no musicians.

Orchestras, musicians mull deep cuts

The management of the Minnesota Orchestra on Wednesday said that musician salaries would have to be dramatically slashed to put the orchestra on a solid financial footing, MPR reports. The average musician's wage would drop from $135,000 to $89,000 under management's proposal.

Slow growth means Minnesota will likely face another budget deficit

The state's top economist says growth just isn't what it needs to be to keep the state in the black. The governor and the Legislature based their previous budget deal on growth of about 3.2 percent. Unfortunately, that's not what we're seeing, and that means Dayton and legislators will likely have to wrestle over another deficit soon.