DFL Party Statement On Minnesota’s $1.8 Billion Surge In Unanticipated Revenue
Today, DFL Party Chairman Ken Martin released the following statement in response to Governor Walz’s announcement that general fund revenues totaled $3.306 billion in May, nearly $1.8 billion or 119% more than projected. This report also increased the fiscal year 2021 projection by $2.170 billion or 10.4% bringing the total to $23.113 billion for the year.
“Thanks to the hard work of Governor Walz, Lieutenant Governor Peggy Flanagan, and their team, our economy is booming and Minnesota is in the best position to recover from this pandemic. These unanticipated funds will allow us to continue to invest in our state’s future, fully fund our schools, and ensure our small businesses have the support they need to thrive. Due to the Governor’s thoughtful response to COVID-19 and the strategic reopening of the economy, we are bouncing back and better than we were before this crisis.”