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State revenues falling

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news Brainerd, 56401
Brainerd Dispatch
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Brainerd MN 506 James St. / PO Box 974 56401

ST. PAUL - Republican legislative leaders say they worry that three straight months of smaller-than-expected Minnesota state revenue could spell trouble.

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The latest Minnesota Management and Budget report shows an $11.5 million shortage in April. Individual income taxes were down nearly $40 million, although sales and other taxes were up.

So far this year, state revenue is down $78 million out of a $39 billion, two-year budget.

"Unfortunately, if this trend continues, Democrats will send Minnesota’s budget into a deficit in the next biennium," House Minority Leader Kurt Daudt, R-Crown, said. "Democrats took the wrong approach in our fragile economy, committing Minnesota taxpayers to historic spending increases in their budget."

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Denton (Denny) Newman Jr.
I've worked at the Brainerd Dispatch with various duties since Dec. 7, 1983. Starting off as an Ad Designer and currently Director of Audience Development. The Dispatch has been an interesting and challenging place to work. I'm fortunate to have made many friends, both co-workers and customers.
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