FY 2024-2025 Operating Budget
The biennium, FY 2024-25, began on July 1, 2023, and ended on June 30, 2025. The official planning estimates for the FY 2024-25 biennium were first published in the November 2020 Forecast, with projections of revenue and spending updated with each subsequent forecast and legislative session. Ultimately, the budget for the current two-year budget period (FY 2024-25) was enacted in May 2023. Below you will find fund statements and supporting documentation for each forecast and legislative session affecting the FY 2024-25 biennium.
FY 2024-2025 Biennial Close
Published October 15, 2025
End of 2025 Regular and Special Legislative Session
Published July 17, 2025
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement - Reposted for Revision
- General Fund Balance Financial Summaries
- Historical Expenditures
- General Fund Pie Charts
- General Fund Spending by Major Area (Since 1990)
- Driver and Vehicle Services Operating Account Statement
- Premium Security Plan Account
- Health Care Access Fund Statement
- Family and Medical Benefit Insurance Fund Statement
- Price of Government
February 2025 Forecast
Published March 6, 2025
- Budget and Economic Forecast - Webpage
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Health Care Access Fund Statement
- Family and Medical Benefit Insurance Fund Statement
- Premium Security Plan Account
- Driver and Vehicle Services Operating Account Statement
- Debt Capacity Report
- Price of Government
November 2024 Forecast
Published December 4, 2024
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Health Care Access Fund Statement
- Family and Medical Benefit Insurance Fund Statement
- Premium Security Plan Account
- Driver and Vehicle Services Operating Account Statement
- Debt Capacity Report
- Price of Government
End of 2024 Legislative Session
Published June 14, 2024
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Health Care Access Fund Statement
- Premium Security Plan Account
- Driver and Vehicle Services Operating Account Statement
- Price of Government
February 2024 Forecast
Published February 29, 2024
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Health Care Access Fund Statement
- Premium Security Plan Account
- Driver and Vehicle Services Operating Account Statement
- Debt Capacity Report
- Price of Government
November 2023 Forecast
Published December 6, 2023
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Health Care Access Fund Statement
- Premium Security Plan Account
- Driver and Vehicle Services Operating Account Statement
- Debt Capacity Report
- Price of Government
FY 2022-23 Biennial Close
Published October 16, 2023
End of 2023 Legislative Session
Published July 7, 2023
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Health Care Access Fund Statement
- Premium Security Plan Account
- Price of Government
February 2023 Forecast
Published February 27, 2023
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Stadium Reserve (FY 2018-27)
- Health Care Access Fund Statement
- Premium Security Plan Account
- Debt Capacity Report
- Price of Government
November 2022 Forecast
Published December 06, 2022
- General Fund Analysis - Summary
- General Fund Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Stadium Reserve (FY 2018-27)
- Health Care Access Fund Statement
- Premium Security Plan Account
- Debt Capacity Report
- Price of Government
End of 2022 Regular and Special Legislative Session
Published July 14, 2022
February 2022 Forecast
Published February 28, 2022
- General Fund Analysis - Summary
- General Fund Balance - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Stadium Reserve
- Health Care Access Fund Statement
- Premium Security Plan Account Summary
- Debt Capacity Report
- Price of Government
November 2021 Forecast
Published December 7, 2021
- General Fund Balance Analysis - Summary
- General Fund Balance Analysis - Detail
- Consolidated Fund Statement
- General Fund Balance Financial Summaries
- General Fund Pie Charts
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990)
- Stadium Reserve (FY 2016-25)
- Health Care Access Fund Statement
- Premium Security Plan Account Summary
- Debt Capacity Report
- Price of Government
End of 2021 Regular and Special Legislative Session
Published August 6, 2021
February 2021 Forecast
Published February 26, 2021
- Transmittal Letter – Revising General Fund Balance
- General Fund Balance Analysis - Summary - Revised March 31, 2021
- General Fund Balance Analysis - Detail - Revised March 31, 2021
- Consolidated Fund Statement - Revised March 31, 2021
- Legacy FY 2021 Holdback Release Memo and Statements - April 29, 2021
- General Fund Balance Financial Summaries - Revised March 31, 2021
- General Fund Pie Charts - Revised March 31, 2021
- General Fund Spending by Major Area (Since 1990)
- Stadium Reserve (FY 2016-25)
- Price of Government
- Health Care Access Fund Statement
- Premium Security Plan Account Summary
- Debt Capacity Report
End of 2020 7th Special Legislative Session
Published December 21, 2020
November 2020 Forecast
Published December 1, 2020
- November Forecast Transmittal and Revision Memo
- Budget and Economic Forecast
- General Fund Balance Analysis - Summary - Reposted for Revision
- General Fund Balance Analysis - Detail - Reposted for Revision
- Consolidated Fund Statement - Republished for Error Correction
- General Fund Balance Financial Summaries - Reposted for Revision
- General Fund Pie Charts - Reposted for Revision
- Historical Expenditures
- General Fund Spending by Major Area (Since 1990) - Reposted for Revision
- Stadium Reserve (FY 2016-25)
- Price of Government
- Health Care Access Fund Statement
- Premium Security Plan Account Summary
- Debt Capacity Report
Minnesota Management and Budget (MMB) is committed to making its documents accessible for all persons. If you notice a document that is not accessible, please contact MMB's Accessibility Team.