Southern Minnesota Initiative Foundation (SMIF)

Just a reminder that the April 4, 2008 deadline is approaching for requests for seed money available from the Southern Minnesota Initiative Foundation. Up to $25,000 in seed capital is available for biobusinesses through the newly created Bio Seed Fund. These funds are designed to support start up and expanding bio-medical, bio-agriculture and renewable energy […]

Understanding Feed-in Tariffs

Let’s go green! Marc Strassman of the Feed-in Tariff Channel interviews Terry Tamminen, former chief policy advisor to Governor Schwarzenegger. Tamminen discusses how feed-in tariffs encourage green energy and would allow the average citizen to become entrepreneurs in the green energy effort. The video is used with permission from the Feed-in Tariff Channel, which is […]

Addressing the Budget Deficit

The 2008 Legislature will use all the tools available to close the budget gap, including cuts. However, we will take a long-term “balanced approach” that Minnesotans want us to do when it comes to solving this crisis. Finance committees will begin their work soon. The Governor has proposed a short-term view and fails to address […]

Misleading statements about the Transportation Bill override

A new television ad getting some airing recently has given rise to a misleading statement regarding the deficit and new funding generated by the 2008 Transportation Bill. To set the record straight you need not look very far for evidence to debunk this statement. The issue: Does raising the gas tax affect the current billion-dollar […]

Minnesota Department of Finance February Forecast

The State’s economic February Forecast is now available. The Department of Finance is projecting a $935 million deficit for 2008-2009, and budget planning estimates are for a $1.086 billion deficit for 2010-2011. Contributing to the economic picture is a decline in individual and corporate income taxes. The Forecast predicts a minor recession for the first […]
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