State Surplus Doesn’t Mean A Check-In-The-Mail
St. Paul, MN (Learfield) -- Minnesota lawmakers and state agency heads are looking at a big budget surplus for 2016, but the governor says it's not likely to involve rebates for taxpayers.
Much of the surplus will go into a budget reserve, sometimes called a "Rainy Day Fund." The rest is expected to go for new spending items and possible tax cuts.
Governor Mark Dayton says any rebate check from the government would have been for 20 dollars a month, or less. Dayton says it's more productive to spend the surplus on schools or some needed road and bridge repairs.