Minnesota Governor Mark Dayton on Tuesday released his 2014-2015 biennium budget proposal. The current forecast puts Minnesota at a $1.1 billion budget shortfall in addition to the $1.1 billion still owed to Minnesota schools.“The Governor’s proposal is a great starting point. All last year, my campaign focused on the need for a structurally sound budget. A budget that lasts for years and not months,” Sen. Roger Reinert, DFL-Duluth, said in a prepared statement. “We have a long way to reach this goal, but I do think we’re pointed in the right direction to move forward.”
Features of the governor’s budget include: additional investment in early and higher education, reductions in property taxes for homeowners, renters, and business, and a 20% cut to the sales tax rate.
“There is something in the Governor’s budget proposal for everyone to dislike,” said Reinert. “But the reality is Minnesota cannot continue to do business the way it has for the past decade. We are finally going to do what I have wanted to do since coming to the Legislature, and that’s have an honest conversation about what we want and how we pay for it.”