Minnesota Senate Media Services
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Minnesota Management and Budget forecast projects surplus for the state, but uncertainty remains
Posted
March 7, 2026
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March 7, 2026
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6:37
4:17Now PlayingSenators’ efforts to balance the budget last session are now yielding results. According to Minnesota Management and Budget’s (MMB) February Forecast, the state’s once projected deficit for 2026-2027 has shifted to a surplus. While that’s good news, uncertainty remains – such as federal government funding being withheld. Senate leaders are responding to the report and outlining how they plan to move forward to ensure a stable state economy and a strong quality of life for Minnesotans.
Watch MMB’s full forecast here
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