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Minnesota January revenue exceeds projections

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News Willmar, 56201
West Central Tribune
(320) 235-6769 customer support
Willmar Minnesota 2208 Trott Ave. SW / P.O. Box 839 56201

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.

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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
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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.
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