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State Representative Kelby Woodard
100 Rev. Dr. Martin Luther King Jr. Blvd.
651-296-7065
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LETTER TO THE EDITOR
Good budget news
To the editor,
The reforms we championed in the last legislative session are beginning to take root in the form of a nearly $900 million budget surplus projection recently announced. This is welcome news that shows our commitment to controlling spending worked and has turned another anticipated deficit into a surplus.
It also means that Governor Dayton’s plan to raise taxes on Minnesotans is dead.
I am confident our hard-won reforms are putting Minnesota on the right fiscal path, but word of the $876 million surplus was still a pleasant surprise. The hard work and tough decisions we made this year are paying huge dividends. There are still global financial and economic factors out of our control, so we must remain focused on additional reforms that encourage economic growth, however.
State statutes require these surplus funds be used to replenish the reserve funds that have been depleted over the last few years. If the budget projections continue to improve, however, we will be able to explore topics such as accelerating the restoration of the delayed payments to education.
A release from Minnesota Management & Budget indicates Minnesota is outperforming the nation in its economic recovery, but our projected surplus should inspire us to redouble our efforts. As a result we will continue to focus on reforms that limit government growth, fund Minnesota's priorities, and create additional opportunities for private sector job growth in the 2012 legislative session.
Thank you for the support you have given me and feedback you have shared over the last year. The tough budget decisions you elected me to make have resulted in the recent good economic news. This is indeed a good day for all Minnesotans.
Sincerely,
Rep. Kelby Woodard
News Items
- Woodard prioritizes school funding - (Posted: Jan 11 2013 2:43PM)
- Forecast reveals results, challenges - (Posted: 2012-12-06 00:00:00)
- Woodard bill to fix sex offender appeal glitch signed in to law - (Posted: 2012-04-23 00:00:00)
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