The Governor's proposal makes major investments in education, job creation, and a stronger middle class.
Dayton's budget makes $640,000,000 of long-overdue investments in education. The Governor's budget would provide access to high-quality early education for 10,000 young children, fund all-day Kindergarten for 46,000 kids, and increase school funding for every district in the state.
The budget also invests $86,500,000 in proven economic development initiatives he says will create thousands of jobs and leverage nearly $1,500,000,000 in additional private investment in Minnesota's economy.
Dayton says his budget plan would also provide property tax relief to Minnesota families and businesses. His budget would increase funding for the renter's credit, fully-fund the homeowner's property tax refund program, and increase aid to local governments by $120,000,000.
These new investments are made possible by asking the wealthiest 2 percent of Minnesotans to pay their fair share in taxes and closing unfair corporate tax loopholes enjoyed by just a handful of corporations.