Skip to main content

Budget Forecast

State Capitol.

Minnesota Republicans looking to make PPP loans exempt from state taxes

Congress made PPP loans exempt from federal taxes late last year.

State Capitol.

Walz eyes COVID-19 relief package totaling $300-$600 million amid budget surplus

The state forecasted a budget surplus for the remainder of the biennium.

State Capitol

Minnesota's budget forecast improves, shows $641M surplus for 2020-21

"Higher general fund revenues and lower expected spending result in a projected surplus," MMB said.