Accounting for recent economic forecast, revised budget increases Walz Checks to $500, $1,000
(St. Paul, MN) – March 17th, 2022 — Governor Tim Walz and Lieutenant Governor Peggy Flanagan released their revised supplemental budget today. The revised Walz-Flanagan Budget to Move Minnesota Forward accounts for the recent economic forecast released last month by Minnesota Management and Budget (MMB), while continuing to make investments to expand economic opportunity, protect Minnesotans’ health and safety, and support children and families. The revised series of supplemental budget proposals includes delivering up to $1,000 in direct payments to Minnesota families through Walz Checks.
“Thanks to the hard work of Minnesotans across the state, Minnesota’s economy is strong,” said Governor Walz. “With a historic surplus, we have an opportunity to provide direct relief to Minnesotans and invest in the future of our state. Amid global economic uncertainty, direct payments are one of the best ways to make it easier for Minnesotans to pay their bills. Right now, we have the resources to send $1,000 to Minnesota families.”
“Our revised budget continues to put children, families, and workers at the forefront by increasing direct payments to Minnesotans, expanding child nutrition programs, investing in emergency shelter services, and more,” said Lieutenant Governor Flanagan. “ We want Minnesota to be the best state to raise a family. With our Budget to Move Minnesota Forward – including funding for schools, workers, and families – we can make that happen for Minnesotans.”
MMB released an economic forecast in February showing that Minnesota’s state budget surplus is projected to be a historic $9.25 billion for fiscal year 2022-23.