NEWS RELEASE: Minnesota's Budget Outlook Stable, Despite Slower Growth

For Immediate Release - Feb. 26, 2016

Minnesota's Budget Outlook Stable, Despite Slower Growth

State projects $900 million forecast balance for current biennium


ST. PAUL, Minn. Minnesota Management and Budget projects a forecast balance of $900 million for the FY 2016-17 biennium. Overall, Minnesota’s budget outlook remains stable with positive balances into FY 2018-19.

Press Conference Today

Minnesota Management and Budget Commissioner Myron Frans, State Economist Dr. Laura Kalambokidis, and State Budget Director Margaret Kelly will review details of the State of Minnesota February Budget and Economic Forecast later today:

February 26 at 11:15 a.m.

Minnesota Department of Revenue

Skjegstad Room (on Second Floor)

600 N. Robert Street

St. Paul, MN 55101

View directions and parking information on Revenue's website.

More information

We will send out and post full materials on our website around 10:45 a.m.


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Media Contact: Janelle Tummel, 651-259-3742