Sections

Weather Forecast

Close
Advertisement

Minnesota January revenue exceeds projections

Email

ST. PAUL -- Minnesota’s January revenue was $83 million more than expected.

That is a 4.4 percent increase and good news for lawmakers who want to spend money when they come back to St. Paul for the 2014 legislative session Feb. 25.

Advertisement

Minnesota Management and Budget reported Monday that individual income tax payments were up $53 million and sales tax $17 million higher to lead the advance.

Since the fiscal year began July 1, revenues are up $255 million (2.4 percent) over expectations. Total revenues have been $11 billion.

Forum News ServiceMinnesota Capitol Bureu
Advertisement
Don Davis
Don Davis has been the Forum Communications Minnesota Capitol Bureau chief since 2001, covering state government and politics for two dozen newspapers in the state. Don also blogs at Capital Chatter on Areavoices.
Advertisement
Advertisement