Hopkins Lawmakers Welcome News on State Surplus
All expect the money to pay down lingering debt.
Hopkins' state legislators are generally pleased with yesterday’s announcement that Minnesota has a an $876 million surplus—but they caution that the money still does not completely address the overall debt, which required the state to delay payments to local school districts and tap into the tobacco money awarded to the state a decade ago. “Keep in mind that technically there really isn’t a surplus,” said Rep. Steve Simon (DFL-District 44A) Simon said he generally favors either putting the surplus in the budget reserve fund—the so-called “rainy day” account where the money is legally obligated to go—or starting to pay the local school districts in the state the money technically owed them from the last legislative session because of …
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