Minnesota State Budget

The State of Minnesota operates on a two year budget cycle (or a biennium as it is referred to in the state government). State fiscal years begin on July 1 and end the following June 30. The fiscal year is designated by the calendar year in which it ends. The budget process for the next biennium begins in July of the preceding year when the Department of Finance issues budget instructions to state agencies.

 

Each odd-numbered year the Governor proposes, and the legislature ratifies, the Operating Budget, often called the Biennial Budget, for the State of Minnesota. This budget is for a two year period. This budget includes expenditures for education, roads and bridges, technology, health care, public safety, housing, natural resources, agriculture, economic development, higher education, as well as dollars to state agencies, and local units of government.

 

In even-numbered years Governors usually propose Supplemental Budget revisions to the Biennial Budget which are then acted upon by the Legislature.

 

For the latest budget facts and figures, visit the Minnesota Department of Finance’s State Budget website.

 

Information about Governor Pawlenty's FY 2008-2009 Budget Recommendations can be found here.