Report Highlights Declining Cost of Minnesota Government
St. Paul, MN (KROC-AM News) - The administration of Governor Mark Dayton has issued a new report that shows the cost of the state and local governments has declined significantly over the past two decades.
Dayton and Minnesota Management and Budget Commissioner Myron Frans released the findings, which put the decline at 11.7-percent from 1994 through 2014. The data indicates Minnesotans paid 15.2 cents out of every dollar they earned to state and local governments last year. In 1994, the figure was 17.9 cents for every dollars. The historical average is 16.1-percent.
The “Price of Government” report also states that, based on current projections, the trend is predicted to continue over the next five years to a record low 14.6-percent in fiscal year 2019.
The data used in the study included nearly all revenues collected by state and local governments, but did not factor in federal taxes.
The revenue sources are listed below.
- Individual income taxes
- Property taxes (local non-school, school district, and state)
- Local non-tax revenue (electric/water/sewer bills, charges for local government services, etc.)
- State general sales taxes, including state outdoor heritage, parks and trails, clean water, arts and cultural heritage funds
- Post-secondary tuition
- Corporate income taxes
- State fees and charges
- Motor fuels taxes
- Motor vehicle license fees
- Motor vehicle sales taxes
- Tobacco product taxes
- Health care taxes
- Local sales taxes
- Insurance gross premiums tax
- Deed and mortgage taxes
- Alcoholic beverage tax
- Estate tax
- Gambling tax
- Occupation tax
- Other state and local fees/charges