Budget Forecast; Stable Outlook for Minnesota
Earlier this month, Minnesota Management and Budget (MMB) released Minnesota’s state budget forecast, showing a $3.7 billion surplus in the current biennium and a $616 million positive balance in the upcoming budget cycle. The budget outlook also showed the highest “Rainy Day” fund or budget reserve – in state history totaling $3.5 billion.
If federal tariffs do in fact take effect next year, our state’s largest trading partners will be impacted, which would harm our local economy. Now more than ever, we must budget responsibly while working to lower costs for working people and families.
A budget blueprint will begin to take shape after we receive an updated economic forecast in February.
As we work on a new state budget this year, I’ll continue to show up with the same bipartisan values I’ve carried with me to get the job done at the State Capitol for our communities: collaboration, respect, and compromise.
Plymouth Boulevard Ribbon Cutting
In late October, I was delighted to join my legislative colleagues and state leaders to celebrate the groundbreaking of the Plymouth Boulevard reconstruction project. After careful and deliberate planning, with safety at top of mind, four new roundabouts have been installed between Rockford Road and Highway 55. I’m excited about these significant improvements that will help address major issues, like heavy traffic and lack of pedestrian access we’ve had along these corridors.
Keep in Touch
Please continue to contact me anytime with questions, input, or ideas as we head into January. I can be reached via email at [email protected] or by phone at 651-296-5511. Your input drives our good work at the State Capitol for Plymouth and Medicine Lake.
Happy Holidays!
Warmly,
Ginny Klevorn
State Representative
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