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Tag Archives: Jim Schowalter

Forecast: Good news, for now

Positive budget news has been in short supply at the Capitol in recent years. So it’s no surprise that Republicans and DFLers alike greeted with relief the surprise announcement that the state is projected to have an $876 million surplus in the current two-year budget cycle.

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MMB: Net cost of three-week government shutdown around $5 million

The net cost to the state of July's three-week partial government shutdown came to roughly $5 million, according to a report released Tuesday by the Minnesota Department of Management and Budget. During that time, Minnesota lost some $50 million in revenues that the state cannot recover, spent nearly $10.5 million in costs related to unemployment insurance, and spent another $10 million on special expenses associated with closing and then reopening many state services. But that $70 million or so in costs was largely offset by $65 million in payroll savings from the salaries of 19,000 laid-off state employees.

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Bonding 2012: It all depends

In an ordinary environment, state lawmakers would be poised to pass a large bonding bill in 2012. But Gov. Mark Dayton and Republican legislative leaders this year took the unusual step of passing a sizable bill in an odd-numbered year.

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