Walz releases revised budget

(ST. PAUL, MINN) – Minnesota Governor Tim Walz is releasing a revised budget for the next biennium.

The budget includes less than $250 million in additional ongoing reductions in FY 28-29, paired with small, primarily one-time investments in critical work, including funding to respond to Avian Influenza and law enforcement training. The budget leaves over $2 billion on the bottom line in FY 26-27.

The budget also includes the proposals in his original budget to curb growth in spending, lower the sales tax, combat fraud, and hold health insurers accountable for rising costs.

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