MMB projects $3.7 billion surplus for FY26–27 but warns of volatile revenues and federal risks Minnesota Management and Budget told the House Ways and Means Committee the February 2026 forecast projects a $3.7 billion positive balance for FY26–27 and a $377 million planning-year carryforward, but MMB highlighted revenue volatility, potential CMS withholding and trade-policy risks that could alter the outlook.

Minnesota is celebrating a projected $3.7 billion surplus for FY26–27, but experts warn that volatile revenues and federal risks could flip the script at any moment.

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#MN #FinancialStability #RevenueVolatility #CitizenPortal #MinnesotaBudget #EducationFunding

Committee rejects repeal of triggered 'path to 0' income tax cut Senate Bill 13 02, proposed by Senator Kurt to repeal a future-triggered income tax cut path to zero, failed in committee by a 2–9 vote after floor members debated long-term fiscal risks and past revenue shortfalls.

Oklahoma's Senate Bill 1302, aimed at repealing a future income tax cut, faced a dramatic defeat in committee as lawmakers grappled with the fine line between taxpayer relief and fiscal stability.

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#OK #FiscalStability #RevenueVolatility #CitizenPortal #TaxpayerRelief

Ways and Means hears estate tax briefing; excess receipts routed to higher-education endowment The Ways and Means Committee on Jan. 29 received a briefing on Vermont’s estate tax, including mechanics, recent volatile receipts and a statutory trigger that directs receipts above 125% of the forecast to the Vermont Higher Education Endowment Trust Fund for scholarships and endowment support.

Vermont's estate tax briefing reveals how unexpected revenue surges can directly benefit higher education funding, but the unpredictability of these funds raises crucial questions for the future.

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#VT #RevenueVolatility #ScholarshipFunding #EstateTax #VermontHigherEducation

Greeley City Council proposes new revenue stabilization reserve to manage budget volatility Greeley proposes new revenue stabilization reserve to manage budget volatility and enhance financial planning.

Greeley City Council is taking bold steps to stabilize its finances with a new revenue reserve plan that could reshape its budgeting for years to come.

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#GreeleyCityWeldCounty #CO #BudgetManagement #GreeleyCity #CitizenPortal #RevenueVolatility #FinancialStability