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Fiscal Note Session Expenditures Less Agency Can MMB Mmb State Mn  Form

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[Music] the November budget and economic forecast a financial snapshot prepared by Minnesota's fiscal agency projects a budget surplus of $2.4 billion for the current fiscal bium that runs through June 2025 that number is $88 million more than was projected at the end of the 2023 legislative session the report attributes the increase to stronger than expected ed consumer spending business investment and employment budget commissioner Aaron Campbell called the report mixed and urged caution because spending is expected to exceed revenues by 2027 under current conditions Governor walls and legislative leaders responded to the presentation I can assure you our budget will be limited um it will be focused on a responsible bonding bill that includes the entire State and projects that matter um and then it will be very focused on implementing policies that we need to get done you don't have to guess to the Future my administration's been doing this for 5 years we&

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