Minn. budget forecast to provide session roadmap
Published 11:42 am Thursday, February 28, 2013
ST. PAUL — Minnesota’s budget debate kicks into a higher gear on Thursday when state finance officials set the parameters for a process that must conclude by mid-May.
A comprehensive look at state tax and spending patterns, known as a state economic forecast, will identify the expected shortfall that must be patched when lawmakers set the next two-year budget. Sure, the forecast could project a surplus, though virtually no one around the Capitol expects one.