Minnesota may have a billion dollar tax surplus. What should we do with it?

1 Comment

  • tsandy - 10 years ago

    there can be a determined allocation of fund distribution when a surplus is discovered.
    percentage to: those areas that may be best well paid up, ie certain loan, bonding or already approved items waiting for funding opportunity. Schools that are disproportionaly funded or a rainy day fund savings for disaster related costs. if the surplus is over a certain percentage, there should be a adjustment of the budjet or the spending will just be increased.
    i dont believe it should be given back, but it should not be means to increase spending that is not appropriated for this. find a way that the money in the bank is serving interest
    there is never a way to completly know how much is needed every year due to variables that the state has to incur. was just 2 years ago that most townships, counties and the state did not have the funds set aside for the season that occured. this is what this should be for. there is nothing worse than spending it first and subjecting the taxpayers to increases due to a debt from money not available to fund a service that is established for many years.

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