Minnesota is facing a surprising $641 million projected surplus in its current budget. That means money is available for coronavirus relief. But officials caution the state still faces a $1.3 billion shortfall for its next budget. The projections are a welcome turnaround from a deficit forecast released in May as the pandemic was taking hold. The old forecast projected a $2.4 billion deficit in the current budget and a $4.7 billion shortfall in the next. The new forecast is expected to spur negotiations among Gov. Tim Walz and legislative leaders on an aid package lawmakers could approve in a special session.
Minnesota’s surprising surplus spurs talks on virus aid plan
By Associated Press|2020-12-03T05:57:52-06:00December 3rd, 2020|