Minnesota Budget Plans

The state of Minnesota's budget determines what resources are available for everything from schools to health care to parks to transportation.

Understanding the budget proposals that are on the table, as well as what ultimately gets passed into law, is essential information you can use to become involved in influencing budget decisions. We analyze full budget proposals, as well as proposals on key components of the budget, from the governor and legislative bodies, emphasizing public services that expand opportunity and economic security to more Minnesotans.

Research

March 2024

Great Start Scholarships are an innovative policy solution for affordable child care

When Minnesotans have affordable child care, children can thrive, families are more economically secure, and employers can find and retain the workers they need. Great Start Affordability Scholarships are a new policy solution designed to lower monthly child care costs for families across Minnesota.

September 2023

2023 investments in child care pave the way for a brighter future

During the 2023 Legislative Session, policymakers took important steps to address the urgent child care needs of Minnesotans. This issue brief looks closely at the budget and policy changes made to support the state’s Child Care Assistance Program (CCAP), Early Learning Scholarships, the child care workforce, and child care providers.

August 2023

2023 Health and Human Services budget will expand access to affordable care

As part of the budget process, Governor Tim Walz, the Minnesota House, and the Minnesota Senate used some of the state’s historic projected budget surpluses to support smart investments and policy decisions so that more Minnesotans have affordable health care. This issue brief takes a deeper look at a few of our health care related budget and policy priorities from the 2023 Legislative Session.

January 2023

Income tax repeal would damage Minnesota's quality of life, increase inequality

All Minnesotans deserve to lead healthy and secure lives. But the path to a stronger, more equitable future for our...

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Minnesota Budget Plans Blog Posts

April 17, 2024

Powerful stories show child care is unaffordable for many; Great Start Scholarships are a solution

This legislative session, families, lawmakers, advocates, and more have drawn attention to child care affordability as an urgent problem that requires solutions. Earlier this session, a hearing was held at the Minnesota House of Representatives where a number of testifiers spoke to the struggles with affordability they face. Parents and providers alike are looking for policy solutions; here are a few of their stories.

April 16, 2024

Latest economic report shows Minnesota revenues coming in above forecast

Minnesota’s revenues are up, and the near-term national economic outlook is slightly improved compared to the February forecast, according to the new April Revenue and Economic Update from Minnesota Management and Budget. Here are some of the Minnesota Budget Project's top takeaways from the update, including what this might mean for budget and tax decisions this legislative session.

April 03, 2024

Joint state budget targets set for 2024 Legislative Session

Governor Tim Walz reached an agreement with House Speaker Melissa Hortman and Senate Majority Leader Erin Murphy on budget targets on March 22. The agreement outlines targets of $478 million in net general budget changes, including increased spending or reduced revenues, for FY 2024-25 and $63 million for FY 2026-27. The joint budget targets also set the parameters for final budget negotiations between the House, Senate, and the governor.

March 26, 2024

Governor Walz’s supplemental budget proposal lays out his priorities

Governor Tim Walz released his governor’s supplemental budget proposal. The administration described the priorities for his budget as safe communities, clean drinking water, and support for children and families. At the Minnesota Budget Project, we were thrilled that one of our top priorities was included in the governor’s supplemental budget: resources to implement advance periodic payments of the Child Tax Credit. In total, Walz proposed $200 million in net general fund spending increases and revenue reductions in FY 2024-25 and $27 million in FY 2026-27.

More Budget Plans Blogs