Looming Budget Issues for Minnesota?

st. paul capitol - matthew deery

For the fourth straight month Minnesota has taken a significantly lower amount of tax revenue than expected. Back in February, budget officials announced a projected $1.23 billion surplus for the fiscal year 2014-2015. This forecast, which helps to inform lawmakers on tax and spending issues, is not quite holding true to form; though officials urge caution in drawing conclusions for how it will surface in the budget.

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