In This Issue:
State Revenue Update
The state Office of MN Management and Budget (MMB) released their July Revenue Review, which shows that the state’s net general fund revenues for July totaled $1.767 billion, 3.8% more than what was forecast. Sales tax receipts accounted for the increase in revenues. All other tax types were lower than expected. With all monthly revenue reviews, MMB notes that results are preliminary and subject to change.
August Policy Committees
The August meetings of Metro Cities’ four policy committees will take place the week of August 22nd and agenda packets will be emailed to policy committee members next week. If you have not signed up but would like to participate on a policy committee, please contact Jennifer Dorn at [email protected] More information on the committees can be found at www.metrocitiesmn.org.