Net general fund receipts for Q1 FY 2027 were estimated at $8.6 billion, $897 million (11.6%) above forecast. Individual income, corporate franchise, sales tax, and other revenues all exceeded forecast. bit.ly/4rZnRRY
August net general fund revenues totaled $2.1 billion, $64 million (3.1%) above forecast. Individual income, sales and other revenues exceeded forecast; corporate tax receipts were below. FY 2027 receipts total $4.5B, $198 million (4.6%) above forecast. bit.ly/4iXwWYY
Net general fund receipts for FY 26 now estimated at $33.5 billion, $248 million (0.7%) above forecast. Net income, sales, and other tax receipts are above forecast, net corporate tax receipts below. tinyurl.com/bdzwycp4
Net general fund revenues totaled $2.1 billion in May, $50 million (2.4%) above forecast. Individual income tax net receipts were above forecast, while net receipts from corporate franchise taxes, general sales taxes and other taxes were below. tinyurl.com/jvabsxu3
Net general fund revenues totaled $4.3 billion in April, $230 million (5.7%) above forecast. Fiscal Year-to-date receipts are now $27.5 billion, $48 million (0.2%) above forecast. tinyurl.com/5y7n6rx2
Net general fund receipts for February and March total an estimated $3.8 billion, $182 million (4.6%) under forecast. Net individual and corporate franchise taxes and other revenues were below forecast while sales tax revenues were slightly above. tinyurl.com/2ewesspp
Net general fund revenues totaled $1.4 billion in February, $16 million (1.1%) below forecast. Net receipts from individual income, corporate franchise, and general sales taxes were below forecast, while other revenues were above. tinyurl.com/3awswtvn
February 2026 Budget and Economic Forecast documents are now available on MMB’s website. tinyurl.com/yc3du8n9
The MMB February forecast projects a $3.7 billion balance at the end of the FY26–27 biennium, $1.3 billion higher than November estimates, with a projected $377 million balance in FY28–29 amid an ongoing structural imbalance. tinyurl.com/5t45n6um
Net general fund revenues totaled $3.6 billion in January, $513 million (16.7%) above forecast. Net receipts from individual income tax, corporate franchise tax, and other revenues were above forecast, and general sales and use taxes slightly below. tinyurl.com/yut3xpee
Nov.-Dec. net general funds receipts totaled $5.6 billion, 1.2% above forecast. Individual and sales tax receipts where slightly higher than forecast, with corporate franchise taxes slightly below. Other revenues exceeded forecast. tinyurl.com/49ed264h
Net general fund revenues were $2.1 billion in November, $35 million (1.7%) above forecast. Individual income tax, corporate franchise tax, and other revenues all at or above forecast, general sales tax revenues slightly below. tinyurl.com/4abzzchc
MMB’s November budget and economic forecast materials are now available online. tinyurl.com/4csdandm
November forecast shows projected surplus of $2.5 billion in current biennium. Higher health care costs and slow economic growth drive increase structural imbalance in FY 2028-29 to a negative $2.960 billion. Total general fund reserves remain strong at $3.8 billion.
Net general fund revenues were $2.534 billion in October, $26 million (1.0%) below forecast. Individual and corporate franchise taxes were below forecast, with general sales taxes and other revenues above. tinyurl.com/9w2b5edt
Net general fund receipts for Q1 FY 2026 estimated at $7.7 billion, $90 million (1.2 %) less than forecast. Net receipts for individual income tax, sales tax, and other revenues were above forecast while corporate franchise tax revenues were below. tinyurl.com/4b5rzd8y
For the fourth year in a row, all three major rating agencies give Minnesota bonds top marks, underscoring strong confidence in the state’s fiscal management, stable outlook, and responsible budgeting practices. tinyurl.com/sjh285x4
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MMB Commissioner Erin Campbell was honored to join Governor Walz and other cabinet members at Pine Bend Elementary this week to emphasize work across the administration to make Minnesota the best place in the nation to raise kids.
Net general fund revenues were $2.1 billion in August, $86 million (4.2%) above forecast. Individual income and sales tax and other revenues were above forecast. Fiscal year-to-date receipts are now $4.3 billion, $22 million (0.5%) above forecast. tinyurl.com/yw6383tz
Net general fund revenues totaled $2.2 billion in July, $62 million (2.8%) under forecast. Net individual and corporate income tax receipts were lower than forecast, while net sales tax receipts and other revenues were slightly higher. tinyurl.com/yc4n4kfm





