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Minn. schools to get more money with state revenue rise

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By Don Davis

Forum News Service

ST. PAUL -- Minnesota schools will get $463 million more because state revenues are that much higher than expected.

A Wednesday report from Minnesota Management and Budget showed personal income tax $335 million above projections to lead the increase. That is 3.9 percent higher than expected, with corporate income taxes 10 percent higher.

Sales taxes were down slightly in the year that ended June 30.

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Forum News Service
The Forum Communications News Service is the premier news wire service covering the Upper Midwest, stretching from the oilfields of western North Dakota to the plains of South Dakota and to the shores of eastern Minnesota. For more information about the services we offer or to discuss content subscriptions, please contact us.
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