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Minnesota may need to borrow before end of 2010
The state of Minnesota is proceeding with plans to establish a $600 million line of credit to get through the cash-poor months ahead. And while Minnesota Management and Budget Department Commissioner Tom Hanson said on Tuesday that he doesn't want to call on the state's banker to get a short-term loan, he also conceded that his department might need to tap into the state's line of credit with U.S.[...]
DNC Chairman: Dayton is the best gov candidate for local governments
DNC Chairman and Virginia Gov. Tim Kaine was in Minneapolis Wednesday to push for DFL gubernatorial candidate Mark Dayton, saying he is the Minnesota candidate who will support local governments.
House and Senate are divided on cuts to local governments
House and Senate DFLers have agreed to cut $105 million in aids and credits to local governments. But the two chambers are split on how to make the cuts.
Legislature to finish first budget round with over $300 million in cuts
DFL legislators are nearly ready with the first portion of their planned “three-tier” solution to Minnesota’s current $1 billion budget deficit.
Minnesota cities raise property taxes 102% over 10-year period
Minnesota's cities are being forced to rely on increased property taxes to keep operating as revenue from government sources continues to shrink, according to a report on 2008 city finances released today by State Auditor Rebecca Otto.
Pawlenty won’t unallot December local aid payments
Minnesota Gov. Tim Pawlenty will not unallot December local government aid payments, he said in a letter sent this afternoon to city and county leaders.
Local governments brace for more cuts
It used to be that the Minnesota Legislature devoted every other year to setting a biennial budget for the state’s general fund and then used the so-called “off years” as a time to green-light capital improvement projects and concern itself with social issues and stray details. But the wretched economy and the state’s now-chronic inability to create a structurally sound budget is making bu[...]
Legislative panel launches 14-month LGA reform study
A new state working group consisting of local government officials and state legislators plans to come up with changes to the state’s local government aid policies.
Minnesota’s Freedom Foundation and Council of Nonprofits, waiting around for the ax to fall
Despite payment and tax refund delays, Minnesota is likely to need more cash The state of Minnesota is proceeding with plans to establish a $600 million line of credit to get through the cash-poor months ahead. And while Minnesota Management and Budget Department Commissioner Tom Hanson said on Tuesday that he doesn’t want to call ...
Minnesota’s Freedom Foundation and Council of Nonprofits, waiting around for the ax to fall
Despite payment and tax refund delays, Minnesota is likely to need more cash The state of Minnesota is proceeding with plans to establish a $600 million line of credit to get through the cash-poor months ahead. And while Minnesota Management and Budget Department Commissioner Tom Hanson said on Tuesday that he doesn’t want to call ...
MTA calls on Pawlenty to target cuts to cities based on their health care spending
Despite payment and tax refund delays, Minnesota is likely to need more cash The state of Minnesota is proceeding with plans to establish a $600 million line of credit to get through the cash-poor months ahead. And while Minnesota Management and Budget Department Commissioner Tom Hanson said on Tuesday that he doesn’t want to call ...
The Pawlenty budget: Proposed local government aid cuts, city by city
Despite payment and tax refund delays, Minnesota is likely to need more cash The state of Minnesota is proceeding with plans to establish a $600 million line of credit to get through the cash-poor months ahead. And while Minnesota Management and Budget Department Commissioner Tom Hanson said on Tuesday that he doesn’t want to call ...
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