Jan 16, 2025 · Gov. Tim Walz took a major first step in that process Thursday by announcing his proposed 2026-27 biennium budget, which totals $65.9 billion in General Fund spending. This is a slimming down from the $70.7 billion General Fund appropriations for …

Feb 19, 2025 · Governor Tim Walz’s budget proposal released on January 16, 2025, describes his administration’s spending and tax priorities for the years ahead. Walz framed his proposal as a budget that would protect the investments made in 2023 to improve Minnesotans lives, as well as address long-term budget challenges.

Jan 16, 2025 · Gov. Walz on Thursday said he's proposing a "responsible" budget to curb state spending to balance the budget. The budget proposal includes "the first sales tax cut" in Minnesota history,...

Mar 22, 2025 · Walz released a revised budget proposal for 2026-27 totaling roughly $66 billion, with new pockets for spending cuts. The plan leaves $2.3 billion in surplus for 2026-27 and $342 million in ...

Jan 16, 2025 · DFL Gov. Tim Walz wants to address the issue mostly by slowing state spending on disability services, one of the major drivers of the state’s escalating costs. He also proposed changes to the state sales tax that would shift the tax burden on to wealthier Minnesotans, while generating more revenue for the state.

Mar 21, 2025 · Gov. Tim Walz revised his two-year budget plan on Friday, proposing additional spending cuts this year and into the future to respond to a growing projected deficit. ... Walz’s updated proposal ...

Office of Governor Tim Walz 130 State Capitol 75 Rev Dr. Martin Luther King Jr. Blvd. St. Paul, MN 55155. Subscribe for e-mail updates. Governor Walz signs One Minnesota Budget into law.

Mar 21, 2025 · Governor Tim Walz today released his revised budget for the next biennium. The revised budget includes just under $250 million in additional ongoing reductions in FY 28-29, paired with small, primarily one-time investments in critical work, including funding to respond to Avian Influenza and law enforcement training. ... Governor Walz’s ...

Jan 17, 2025 · Minnesota Gov. Tim Walz called for spending cuts Thursday in a $65.9 billion two-year budget proposal that includes a modest reduction in the overall state sales tax but new taxes on services...

Jan 16, 2025 · Walz’s budget proposal on Thursday totals just under $66 billion, and if passed, would leave $2.1 billion on the bottom line for 2026-27 and $355 million for 2028-29.