Skip to main content

State tax revenues jump in 2011

In what could be another sign of economic recovery, tax revenues in all 50 states jumped in 2011. Slateline.org reports that Minnesota was one of the largest gainers, bringing in 15 percent more in 2011 than 2010. North Dakota was the envy of all others, with a whopping 44.5 percent revenue increase over the previous year.
  • Author:
  • Updated:
    Original:

In what could be another sign of economic recovery, tax revenues in all 50 states jumped in 2011. Slateline.org reports that Minnesota was one of the largest gainers, bringing in 15 percent more in 2011 than 2010. North Dakota was the envy of all others, with a whopping 44.5 percent revenue increase over the previous year.

Next Up

Screen Shot 2022-05-13 at 8.16.56 AM

Teen hospitalized after going missing for 40 mins in St. Croix River

The teen was located around 40 minutes after he had gone under water.

Screen Shot 2022-05-13 at 7.23.52 AM

Thursday performances of Runestone! canceled due to COVID cases

This weekend's performances are still going ahead, History Theatre says.

Screen Shot 2022-05-12 at 7.12.27 PM

Storms cause grain bin to fall, killing one in Kandiyohi County

The National Weather Service confirmed the death on Thursday evening.

FSmb9kkWAB0UBqk

Ferocious winds, possible tornadoes leave destruction in MN

Numerous reports of tornadoes and nearly 100 mph straight-line winds.

canoe

Canoe carrying 4 overturns near St. John's University

Of the four, only one was wearing a lifejacket when the boat capsized Wednesday.

pexels beer bar craft brewery

MN's craft alcohol makers back new push to loosen state's liquor laws

The pushback includes loosening restrictions on growler sales for bigger craft breweries and a more direct line of spirit sales to customers.

Screen Shot 2022-05-12 at 8.02.19 PM

Severe thunderstorm warnings in the Twin Cities

It's the second night in a row that severe storms are hitting the metro.

storm

Twin Cities placed in tornado watch ahead of intense line of storms

Photo above is a view from Marshall as the line of storms moved through Thursday evening.

fire pixabay stock

1 dead, 1 escapes western Wisconsin house fire

The single-story home was fully engulfed in flames when first responders arrived early Wednesday morning.

Wind storms tree

Rare 'particularly dangerous situation' weather watch issued in SW MN

The warning covers an area of Minnesota, South Dakota, Iowa, and Nebraska.

fire, firefighter

Dad and 2 children killed in western Wisconsin house fire

A devastating house fire happened early Thursday morning.

Related

State tax revenue beats forecast, but $1 billion shortfall still looms

Revenue from Minnesota taxes came in more than two percent ahead of expectations in the fiscal year that ended June 30th. A top budget official says the extra $336 million is good news, but doesn't really clear up the clouds on the economic horizon. The state still faces a $1 billion shortfall in the two-year budget that starts next summer. And forecasters are getting less optimistic about the prospects for growth.

Minnesota tax revenue in August beats projections

Tax receipts for August beat projections by 3.5 percent. Minnesota Management and Budget reports revenue from sales taxes and individual income taxes was strong. It's a turnaround from July, when revenue was lagging.

Gov. Dayton releases 2011 tax returns

Gov. Mark Dayton made $342,322 in gross income last year. He paid nearly $98,000 in federal and state income taxes.

State revenue running ahead of expectations

Revenue to Minnesota's general fund during the last two months of 2011 beat the forecast, thanks largely to more people working. Spending remains tight, though, and sales tax receipts are lagging.

Report: State revenues drop in October

In the latest report on the state's revenue picture, state revenues were just over $58 million -- or 4.4. percent -- less than forecasted.