Balancing budget will be tough, legislators say WORTHINGTON — When Minnesota’s legislative session opens today, senators and representatives will have the daunting task of balancing a budget that, in early December, showed a nearly $5 billion shortfall.
With 30 percent of local government’s budget in state hands, trouble looms ST. PAUL – Minnesota’s local governments receive 30 percent of their revenue from the state, so when the state budget is sick, local governments sniffle.
State looks at local government aid to balance budget ST. PAUL — Local governments will be called upon to help balance the state budget. Minnesota policymakers on Tuesday made it clear that programs such as Local Government Aid paid to cities will be included in a $426 million budget balancing act.
Problem stems from low revenue ST. PAUL – Minnesota faces an historic $5.3 billion budget deficit. The deficit for the two-year budget that begins July 1 will be $4.9 billion, with the remaining $426 million coming out of the budget in the next seven months, state officials announced this morning.
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