Posted: Wednesday, 13 June 2012 11:48AM

Revenue Collection--Miller



Some more good news for the State of Minnesota's budget.
                   
State Senator Jeremy Miller is reporting the state collected $32.3 million more in May than what was forecast in February.  Miller says the biggest boost came from sales taxes, followed by corporate taxes.
                   
The May increase was on top of a $106 million surplus in April.
                   
Miller says all of the April and May surpluses will be returned to schools to help make up for the budget shift that was enacted last year to help solve a $6.2 billion budget deficit.  Miller says that means lawmakers have turned the $6.2 billion deficit into a $1.3 billion surplus.

Filed Under :  
Locations : Minnesota
People : Jeremy Miller
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