The FY 2024-25 biennial budget was passed by the Legislature and signed into law by Governor Walz in May 2023. Below is an interactive visualization showing the projected state budget for revenue and spending, with details highlighting the investments and changes passed into law, along with additional information on policies enacted that include evidence-based practices.
Supporting Documents
The state budget is reforecast twice each year in November and February and the legislature usually makes supplemental adjustments to spending and revenue based on the new forecast. After the November Forecast, the estimates shown on this page will not be the most up-to-date. Visit the Current Operating Budget page for current estimates of state revenue and spending.