Governor Walz Releases 2022-23 Biennium Budget

Minnesota Governor Tim Walz released a $52 billion budget proposal for the 2022-23 biennium. The proposal would raise taxes for corporations and the wealthy. It emphasizes small business support because of the coronavirus and provides an increase in the general fund for education. The Minnesota Agriculture Department’s budget proposal has a three-percent (about $4 million) increase from the previous biennium. Conservation efforts, trade, farmer stress efforts and more are included the budget proposal. Now, the Department will present the budget to state lawmakers. Read the proposal.