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The Minnesota Budget Project is an initiative of the Minnesota Council of Nonprofits.

 

Stormier Weather Ahead: Budget Forecast Briefing with the State Economist on January 13

The state’s November Economic Forecast revealed a $5.5 billion deficit for the upcoming budget biennium when inflation is included. Nonprofits of all sizes and focus areas have a stake in understanding where the state’s economy is headed and what the consequences are for the state budget. To help explore the forecast and what it means for the 2009 Legislative Session, the Minnesota Budget Project, is hosting our second annual briefing with State Economist Tom Stinson on Tuesday, January 13 at the Wilder Center.

Learn more about the event and register.

Minnesota Budget Project Hiring an Outreach Coordinator

The Minnesota Budget Project is now accepting applications for an Outreach Coordinator. The Outreach Coordinator will work primarily on two policy goals: raising additional state revenues fairly, and ensuring that low-income people are not harmed through efforts to address climate change.

To find out more, see the job description. The deadline for applications is Wednesday, January 21.

2008 Legislative Session Ended with Short-term Solutions

In the 2008 Legislative Sesssion, policymakers relied heavily on one-time revenues to solve the budget deficit, did little to solve the deficits already looming in the future, and cut significantly from the state's health and human services. New analysis from the Minnesota Budget Project, Punting the Problem: 2008 Legislative Session ends with a short-term solution, takes a close look at the outcomes of the last session and how those choices will impact the landscape for the 2009 Legislative Session.

Learn more about what happened in 2008 in Punting the Problem.

Governor Announces Plan for Unallotment

On Friday, December 19, Governor Pawlenty released his plan for solving the $426 million deficit for the current biennium through unallotment.

Read our blog to find out how those spending reductions will impact the state budget.

Minnesota Budget Project Releases Report on State Spending Trends

State funding for E-12 education, higher education, child care assistance and affordable housing and homelessness prevention will all be at lower levels at the end of this decade than in Fiscal Year 2003, according to The Lost Decade: Taking a Closer Look at Minnesota's Public Investments in the 2000s, a new report released by the Minnesota Budget Project. Over the past ten years, declining resources have meant many Minnesotans have found fewer opportunities to succeed in school, in the workplace, or provide for their families.

Learn more of the key findings of The Lost Decade.

Minnesota Budget Project Statement in Response to $4.8 Billion Deficit

On the same day as the release of the November forecast, the Minnesota Budget Project issued a press release, calling for a balanced approach to closing the deficit that will do the least amount of harm to the economy. Balancing the budget solely through spending cuts would make both the economy and the people of Minnesota worse off.

More information about the forecast is available at our blog.

 

Updated January 5, 2009

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