Surplus or deficit? Minnesota leaders set to reveal budget forec - KXLT - Fox 47 Rochester MN News, Weather, Sports #rochmn

Surplus or deficit? Minnesota leaders set to reveal budget forecast

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ST. PAUL, Minn. (FOX 47) -

It's one of the most important forecasts of the year, and it doesn't concern the weather. 

Budget officials will reveal the February Budget Forecast Wednesday in St.Paul. 

Those figures will set the stage for the rest of the 2018 legislative session.

Gov. Mark Dayton and legislative leaders are expecting a modest budget surplus. It would be a reversal from a December estimate that the state may face a slight budget deficit.

Minnesota law requires a forecast twice a year, once in February and another in November. Lawmakers returned to work last week with taxes a priority for the GOP leadership. 

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