Minnesota’s budget surplus is now projected to be nearly nine-point-three billion dollars. Yesterday’s estimate grew from previous projections of seven-point-seven dollars. Officials say the surplus was driven by increased income tax collections, corporate profits, and consumer spending. Financial officials are warning that inflation and global effects of Russia’s attack on Ukraine could affect the budget outlook.
Minnesota Projected Budget Surplus Grows To Over 9-Billion Dollars
By Ashley Hanley|2022-03-01T05:49:29-06:00March 1st, 2022|