Minnesota surplus up to $1.2 billion
By Don Davis
Forum News Service
ST. PAUL -- Minnesota's state budget surplus is growing.
A report released this morning shows the state has a $1.2 billion surplus, $408 million more than predicted in early December. Minnesota Management and Budget reports that revenues are up $366 million from December projections and spending is falling slightly.
A $2.6 billion surplus is predicted for 2016-2017.
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