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2314
University Ave. #20
St. Paul, MN 55114
Phone: 651.642.1904
Fax: 651.642.1517
Greater MN: 1.800.289.1904
Email: info@mncn.org |
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November Forecast
Shows Ongoing Budget Shortfalls
The November
Forecast shows that Minnesota faces a deficit of $700 million in
the upcoming 2006-07 biennium. The deficit grows to $1.4 billion
if you include the impact of inflation on spending. See the
response from the Minnesota Budget Project, November
Forecast Shows It's Time for Minnesota to Return to Fiscal Responsibility,"
which calls for a 2006-07 budget that will: solve the deficit by
returning to fiscal responsibility, raise adequate revenues to protect
Minnesota's economic future and quality of life, and make strategic
investments.
(Last updated: November 2004)
Questions? Comments? Contact Christina Macklin at cmacklin@mncn.org
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www.mncn.org/bp
The Minnesota Budget Project, an initiative of MCN, provides independent
research, analysis, and outreach on budget and tax policy issues,
emphasizing their impact on low- and moderate-income persons and the
organizations that serve them. Throughout the Legislative Session,
the Minnesota Budget Project provides nonprofit advocates with thoughtful
analysis of state financial forecasts, various budget proposals,
and other legislation. The Minnesota Budget Project also publishes
numerous reports and fact sheets on topics ranging from property
taxes to welfare reform to federal initiatives.
If you or your organization is looking for easy to understand
research to support your advocacy work - make sure you check out
the work of the Minnesota Budget Project at www.mncn.org/bp/.
Don't forget to sign up for the e-mail updates and free newsletter.
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