Minnesota state budget officials on Monday reported that tax collections from July to September were slightly under projections, totaling nearly $4.5 billion.
Overall, the amount was about 2 percent less, or $97 million, than a February forecast published by the Minnesota Management and Budget office. The July-September quarter is the start of the new fiscal year for the state.
Budget officials reported that net individual income taxes generated $29 million, about 1.1 percent less than projections published in February. Sales tax collections were down 2.3 percent from projections, netting $1.2 billion for state coffers.
Ricardo Lopez • 651-925-5044
More from Star Tribune
More From Star Tribune
More From Politics
Nation
US abortion battle rages on with moves to repeal Arizona ban and a Supreme Court case
Action in courts and state capitals around the U.S. this week have made it clear again: The overturning of Roe v. Wade and the nationwide right to abortion did not settle the issue.
Nation
Trump will be in NY for the hush money trial while the Supreme Court hears his immunity case in DC
A reluctant Donald Trump will be back in a New York City courtroom Thursday as his hush money trial resumes at the same time that the U.S. Supreme Court hears arguments in Washington over whether he should be immune from prosecution for actions he took during his time as president.
Nation
No one is above the law. Supreme Court will decide if that includes Trump while he was president
On the left and right, Supreme Court justices seem to agree on a basic truth about the American system of government: No one is above the law, not even the president.
Nation
Army reservist who warned about Maine killer before shootings to testify before investigators
A U.S. Army reservist who sounded the clearest warning ahead of Maine's deadliest mass shooting is expected to answer questions Thursday from the commission investigating the tragedy.
Business
Biden just signed a bill that could ban TikTok. His campaign plans to stay on the app anyway
When President Joe Biden showed off his putting during a campaign stop at a public golf course in Michigan last month, the moment was captured on TikTok.
