State starts delivering on stimulus transparency promises
After months of scrutiny from state legislators and government watchdog groups, Minnesota Department of Management and Budget (MMB) officials have delivered this month on promises to improve stimulus...
View ArticleState weighs short-term borrowing
State finance officials last week told a House and Senate budget panel that they might have to borrow money for the first time since 1984 in order to keep state government operating. And a senior...
View ArticleMinnesota finance officials are shooting for August bond sale as credit...
While the nation's capital markets are still not for the faint of heart, the investment environment appears to have improved ahead of the state's planned bond sale on Aug. 3 than it was during the bond...
View ArticleSviggum to man the ship at MMB
Sviggum will replace Tom Hanson, who is stepping down as commissioner on December 1 to join a law firm. He will be on the hot seat when the next economic forecast is released.
View ArticleMMB hires Kristin Hanson to run treasury operations
The Minnesota Department of Management and Budget has hired public finance advisor Kristin Hanson as the new assistant commissioner for debt management and treasury.
View ArticleMargaret Kelly named state budget director
Public finance veteran Margaret Kelly will become the Minnesota Management and Budget Department's (MMB) new budget director. She replaces Kristin Dybdal, a seven-year veteran of the agency, who is...
View ArticleMN hauls in more taxes than forecast for February and March
The nearly $2.5 billion that Minnesota collected in net taxes in February and March was $106 million, or 4.4 percent, more than was predicted in the February economic forecast, according to the...
View ArticleJanuary state revenues exceed predictions
Minnesota revenue collections in January exceeded expectations by $140 million, or 8.3 percent, according to the Minnesota Department of Management and Budget.
View ArticleJuly revenues lag behind projections
Minnesota took in $936 million in tax revenues in July, according to the latest data from the Minnesota Department of Management and Budget. That's $21 million -- or 2.2 percent -- behind projections.
View ArticleMNsure board assumes control of health exchange
The MNsure board of directors voted unanimously on Wednesday to take over control of the state-run health insurance exchange that's slated to open for business on Oct. 1. Previously it had been under...
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