No big change in forecast

Posted at 11:44 AM on February 28, 2007 by Mike Mulcahy (1 Comments)

Mr. Scheck is busy working on the story for the radio so I'll just note there's no big change in the revenue forecast. The new numbers released this morning show the state with just $7 million less than the previous forecast. Good money for me and you but a drop in the bucket of the state's $34 billion two-year general fund budget.

The total projected surplus now stands at $2.16 billion.

The governor still says the DFL majorities in the House and Senate shouldn't spend more than he's recommended in his budget. DFL Senate Majority Leader Larry Pogemiller said yesterday that when you look closely at the budget there's really not much of a surplus at all.

So what happens to all-day-kindergarten, more pre-school, children's health care, lower college tutition and property tax cuts? Stay tuned.

Comments (1)

Isn't this still let's pretend no-inflation forecasting? If so, shouldn't you say that, otherwise it sounds like real money?

Posted by Grace Kelly | February 28, 2007 12:57 PM

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