Minnesota state-government finances, comparable debt and interest figures, and the enacted budget.
The national companion measures federal finances. Here the unit is Minnesota state government. Federal debt is not allocated to Minnesota; a state budget is not the federal budget.
State debt outstanding$17.03BFY2024 · #17 of 50 · highest first
Interest expenditure$496.82MFY2024 · #21 of 50 · highest first
Total state tax collections$35.67BFY2024 · #14 of 50 · highest first
Minnesota over time
Explore Minnesota readings, major events and reviewed actions on the same date scale. Minnesota officeholders appear in separate lanes. National event evidence describes national context; it does not measure a Minnesota effect.
Major events & context · A curated selection, including uncertain effects. Milestone dates do not establish that an event caused a Minnesota change.
Enacted / issuedDid not proceedPending / in progressStatus unclear
Colors show the latest recorded status. Passing one chamber is not enactment. A number groups actions with the same date, body and status.
No comparable time series is retained for this topic. The chart shows events and reviewed actions; current state comparisons appear below.
Minnesota government actions Minnesota · source units
Move across the chart to inspect the nearest observation. Click or tap to keep a reading selected, or focus the chart and use the arrow keys. Hover over or focus a marker to explore; click or tap to pin. Press Escape to clear.
1 of 1 reviewed Minnesota actions match · 1 date markers shown. 51 major events shown separately.
How major events are selected
The timeline combines the corresponding national fact’s reviewed event catalog, labeled National context, with individually reviewed state milestones. State events use primary sources and distinguish signing, effective and filing dates. Each milestone keeps its source-check date, geographical limits and evidence limits. This curated selection is not a complete history.
Date ranges affect events and actions. Action type, status and official-name search affect government records only. Events remain separate from action counts. An event after the latest observation extends context without creating a new reading.
Minnesota · state comparison
State debt and interest
Compare state-government balances and interest expenditure from the same Census fiscal-year survey.
Minnesota · FY2024$17.03B
Minnesota rank#17among all 50 states
U.S. benchmark$1.1TSame measure and period when published
#1 is the highest value. Ties share a rank and leave gaps. D.C. and territories are excluded. Rank describes the measured value; it is not an overall score of the state.
State debt outstanding
Long-term debt outstanding plus short-term debt outstanding at fiscal year end.
State governments only, Census level 2; amounts converted from thousands to dollars. Fiscal-year ending dates differ among states. Excludes local-government debt. Dollar ranks describe scale, not credit quality.
Compare states on the graph
Hover or focus a bar to inspect its value and rank. Use the up and down arrows, Home or End to explore states. Click, tap or press Enter to keep a state selected. Minnesota stays highlighted. Values use the same measure and period.
Explore the map: hover or focus a state to inspect it, then click or tap to select it. Arrow keys move between states alphabetically. Minnesota has a dark outline.
Lower value · $728.59MHigher value · $166.39BStriped: unavailable
Color shows this measure’s value, not an overall state score. Select a state on the map, graph or dropdown to read its value, rank and comparison limits below.
Minnesota · $17.03BFY2024 · Rank #17 of 50, highest firstSelected state
50 states shown · scroll to explore every state. Missing values have no bar and are excluded from ranks. Bars start at zero; #1 means the highest value.
Compare Minnesota with every state · 50 ranked
State debt outstanding · FY2024 · highest value ranked #1
Rank
State
Value
Comparison notes
#1
California
$166.39B
—
#2
New York
$120.59B
—
#3
Texas
$70.05B
—
#4
Massachusetts
$65.87B
—
#5
New Jersey
$57.23B
—
#6
Pennsylvania
$48.67B
—
#7
Illinois
$43.38B
—
#8
Virginia
$33.73B
—
#9
Connecticut
$33.27B
—
#10
Ohio
$32.29B
—
#11
Washington
$30.62B
—
#12
Maryland
$25.9B
—
#13
Michigan
$25.02B
—
#14
Colorado
$23.57B
—
#15
Wisconsin
$22.79B
—
#16
Florida
$20.14B
—
#17
Minnesota · your comparison
$17.03B
—
#18
Oregon
$16.91B
—
#19
Louisiana
$16.09B
—
#20
South Carolina
$15.36B
—
#21
West Virginia
$15.08B
—
#22
Georgia
$14.05B
—
#23
North Carolina
$13.13B
—
#24
Hawaii
$11.72B
—
#25
Rhode Island
$11.41B
—
#26
Alabama
$10.99B
—
#27
Oklahoma
$10.15B
—
#28
Kentucky
$10.08B
—
#29
Tennessee
$9.03B
—
#30
Indiana
$8.52B
—
#31
Iowa
$8.06B
—
#32
Arkansas
$8.05B
—
#33
Mississippi
$7.72B
—
#34
New Hampshire
$7.58B
—
#35
Kansas
$7.16B
—
#36
New Mexico
$7.12B
—
#37
Missouri
$6.99B
—
#38
Arizona
$6.88B
—
#39
Alaska
$5.72B
—
#40
Utah
$5.55B
—
#41
Maine
$5.3B
—
#42
North Dakota
$4.89B
—
#43
South Dakota
$4.67B
—
#44
Delaware
$3.69B
—
#45
Nebraska
$3.39B
—
#46
Nevada
$2.89B
—
#47
Montana
$2.76B
—
#48
Vermont
$2.67B
—
#49
Wyoming
$1.26B
—
#50
Idaho
$728.59M
—
All 50 states are listed, including states without a comparable observation. Ranks use stored source precision; displayed values may round to the same number.
All measures use Census state-government records for FY2024. Categories describe collections; they do not rank statutory tax rates.
Minnesota · FY2024$8.49B
Minnesota rank#17among all 50 states
U.S. benchmark$465.4BSame measure and period when published
#1 is the highest value. Ties share a rank and leave gaps. D.C. and territories are excluded. Rank describes the measured value; it is not an overall score of the state.
General sales-tax collections
Census category T09.
State governments only, Census level 2; amounts converted from thousands to dollars. Fiscal-year ending dates differ among states.
Compare states on the graph
Hover or focus a bar to inspect its value and rank. Use the up and down arrows, Home or End to explore states. Click, tap or press Enter to keep a state selected. Minnesota stays highlighted. Values use the same measure and period.
Explore the map: hover or focus a state to inspect it, then click or tap to select it. Arrow keys move between states alphabetically. Minnesota has a dark outline.
Lower value · $0Higher value · $54.35BStriped: unavailable
Color shows this measure’s value, not an overall state score. Select a state on the map, graph or dropdown to read its value, rank and comparison limits below.
Minnesota · $8.49BFY2024 · Rank #17 of 50, highest firstSelected state
50 states shown · scroll to explore every state. Missing values have no bar and are excluded from ranks. Bars start at zero; #1 means the highest value.
Compare Minnesota with every state · 50 ranked
General sales-tax collections · FY2024 · highest value ranked #1
Rank
State
Value
Comparison notes
#1
Texas
$54.35B
—
#2
California
$53.33B
—
#3
Florida
$40.09B
—
#4
Washington
$22.81B
—
#5
New York
$19.99B
—
#6
Ohio
$16.33B
—
#7
Illinois
$16.05B
—
#8
Pennsylvania
$15.6B
—
#9
New Jersey
$14.31B
—
#10
Tennessee
$14.08B
—
#11
Arizona
$13.16B
—
#12
Michigan
$12.7B
—
#13
North Carolina
$12.16B
—
#14
Indiana
$10.96B
—
#15
Massachusetts
$9.4B
—
#16
Georgia
$9.01B
—
#17
Minnesota · your comparison
$8.49B
—
#18
Nevada
$8.4B
—
#19
Wisconsin
$7.59B
—
#20
Virginia
$7.4B
—
#21
Maryland
$6.85B
—
#22
South Carolina
$6.44B
—
#23
Connecticut
$6.23B
—
#24
Kentucky
$5.8B
—
#25
Missouri
$5.26B
—
#26
Mississippi
$5.07B
—
#27
Arkansas
$5.07B
—
#28
Louisiana
$4.87B
—
#29
Hawaii
$4.79B
—
#30
Colorado
$4.67B
—
#31
Iowa
$4.64B
—
#32
Utah
$4.63B
—
#33
Alabama
$4.59B
—
#34
Kansas
$4.33B
—
#35
New Mexico
$4.33B
—
#36
Oklahoma
$3.81B
—
#37
Idaho
$3.09B
—
#38
Nebraska
$2.97B
—
#39
Maine
$2.35B
—
#40
West Virginia
$1.82B
—
#41
South Dakota
$1.68B
—
#42
Rhode Island
$1.63B
—
#43
Oregon
$1.34B
—
#44
North Dakota
$1.32B
—
#45
Wyoming
$1.01B
—
#46
Vermont
$597.33M
—
#47
Alaska
$0
—
#47
Delaware
$0
—
#47
Montana
$0
—
#47
New Hampshire
$0
—
All 50 states are listed, including states without a comparable observation. Ranks use stored source precision; displayed values may round to the same number.
Census categories allow consistent comparisons. These selected categories are not a breakdown of the current Minnesota appropriations act.
Minnesota · FY2024$23.37B
Minnesota rank#14among all 50 states
U.S. benchmark$1.02TSame measure and period when published
#1 is the highest value. Ties share a rank and leave gaps. D.C. and territories are excluded. Rank describes the measured value; it is not an overall score of the state.
Public welfare current operations
Current operations for public welfare institutions and other public welfare, excluding capital and transfers.
State governments only, Census level 2; amounts converted from thousands to dollars. Fiscal-year ending dates differ among states.
Compare states on the graph
Hover or focus a bar to inspect its value and rank. Use the up and down arrows, Home or End to explore states. Click, tap or press Enter to keep a state selected. Minnesota stays highlighted. Values use the same measure and period.
Explore the map: hover or focus a state to inspect it, then click or tap to select it. Arrow keys move between states alphabetically. Minnesota has a dark outline.
Lower value · $1.09BHigher value · $156.71BStriped: unavailable
Color shows this measure’s value, not an overall state score. Select a state on the map, graph or dropdown to read its value, rank and comparison limits below.
Minnesota · $23.37BFY2024 · Rank #14 of 50, highest firstSelected state
50 states shown · scroll to explore every state. Missing values have no bar and are excluded from ranks. Bars start at zero; #1 means the highest value.
Compare Minnesota with every state · 50 ranked
Public welfare current operations · FY2024 · highest value ranked #1
Rank
State
Value
Comparison notes
#1
California
$156.71B
—
#2
New York
$97.35B
—
#3
Texas
$57.32B
—
#4
Illinois
$41.13B
—
#5
Florida
$40.11B
—
#6
Ohio
$39.77B
—
#7
Pennsylvania
$39.34B
—
#8
Massachusetts
$34.12B
—
#9
North Carolina
$30.64B
—
#10
New Jersey
$28.06B
—
#11
Arizona
$26.02B
—
#12
Michigan
$24.37B
—
#13
Virginia
$23.68B
—
#14
Minnesota · your comparison
$23.37B
—
#15
Indiana
$22.93B
—
#16
Maryland
$21.61B
—
#17
Kentucky
$20.54B
—
#18
Oregon
$20.47B
—
#19
Washington
$19.6B
—
#20
Georgia
$18.99B
—
#21
Louisiana
$18.69B
—
#22
Tennessee
$16.42B
—
#23
Wisconsin
$16.26B
—
#24
Missouri
$15.65B
—
#25
Oklahoma
$14.57B
—
#26
Colorado
$13.6B
—
#27
South Carolina
$12.84B
—
#28
New Mexico
$10.72B
—
#29
Iowa
$10.26B
—
#30
Alabama
$9.73B
—
#31
Arkansas
$8.67B
—
#32
Mississippi
$8.08B
—
#33
Utah
$6.91B
—
#34
Kansas
$6.84B
—
#35
Nevada
$6.62B
—
#36
West Virginia
$6.24B
—
#37
Maine
$5.7B
—
#38
Nebraska
$4.97B
—
#39
Connecticut
$4.88B
—
#40
Rhode Island
$4.54B
—
#41
Hawaii
$4.14B
—
#42
Delaware
$3.97B
—
#43
Idaho
$3.73B
—
#44
Alaska
$3.27B
—
#45
Montana
$2.89B
—
#46
New Hampshire
$2.72B
—
#47
Vermont
$2.69B
—
#48
North Dakota
$2.09B
—
#49
South Dakota
$1.95B
—
#50
Wyoming
$1.09B
—
All 50 states are listed, including states without a comparable observation. Ranks use stored source precision; displayed values may round to the same number.
The enacted plan, spending categories and audited activity use different periods and accounting scopes; they are kept separate.
Minnesota · FY2024$38.1B
Minnesota rank#18among all 50 states
U.S. benchmark$2.04TSame measure and period when published
#1 is the highest value. Ties share a rank and leave gaps. D.C. and territories are excluded. Rank describes the measured value; it is not an overall score of the state.
Current operation expenditure
Sum of Census current-operation expenditure categories, excluding capital outlay, interest, and assistance/subsidy expenditure.
State governments only, Census level 2; amounts converted from thousands to dollars. Fiscal-year ending dates differ among states. This FY2024 comparison differs in scope and period from Minnesota’s FY2026–27 biennium appropriations and Fiscal year ended June 30, 2025 audit shown below.
Compare states on the graph
Hover or focus a bar to inspect its value and rank. Use the up and down arrows, Home or End to explore states. Click, tap or press Enter to keep a state selected. Minnesota stays highlighted. Values use the same measure and period.
Explore the map: hover or focus a state to inspect it, then click or tap to select it. Arrow keys move between states alphabetically. Minnesota has a dark outline.
Lower value · $4.01BHigher value · $287.03BStriped: unavailable
Color shows this measure’s value, not an overall state score. Select a state on the map, graph or dropdown to read its value, rank and comparison limits below.
Minnesota · $38.1BFY2024 · Rank #18 of 50, highest firstSelected state
50 states shown · scroll to explore every state. Missing values have no bar and are excluded from ranks. Bars start at zero; #1 means the highest value.
Compare Minnesota with every state · 50 ranked
Current operation expenditure · FY2024 · highest value ranked #1
Rank
State
Value
Comparison notes
#1
California
$287.03B
—
#2
New York
$161.37B
—
#3
Texas
$136.18B
—
#4
Florida
$86.61B
—
#5
Pennsylvania
$77.15B
—
#6
Illinois
$75.67B
—
#7
Ohio
$66.77B
—
#8
New Jersey
$64.53B
—
#9
Massachusetts
$61.38B
—
#10
North Carolina
$59.01B
—
#11
Michigan
$57.27B
—
#12
Virginia
$53.45B
—
#13
Washington
$49.82B
—
#14
Georgia
$45.19B
—
#15
Maryland
$45.06B
—
#16
Oregon
$41.41B
—
#17
Arizona
$38.71B
—
#18
Minnesota · your comparison
$38.1B
—
#19
Indiana
$37.4B
—
#20
Kentucky
$36.94B
—
#21
Wisconsin
$34.5B
—
#22
Missouri
$34.43B
—
#23
South Carolina
$32.85B
—
#24
Colorado
$32.73B
—
#25
Louisiana
$31.67B
—
#26
Tennessee
$31.12B
—
#27
Alabama
$26.99B
—
#28
Oklahoma
$24.28B
—
#29
Utah
$22.7B
—
#30
New Mexico
$21.94B
—
#31
Connecticut
$21.22B
—
#32
Iowa
$19.89B
—
#33
Kansas
$18.39B
—
#34
Hawaii
$16.62B
—
#35
Mississippi
$16.46B
—
#36
Arkansas
$16.28B
—
#37
West Virginia
$13.19B
—
#38
Nevada
$12.43B
—
#39
Nebraska
$10.41B
—
#40
Maine
$10.12B
—
#41
Delaware
$9.24B
—
#42
Rhode Island
$8.93B
—
#43
Alaska
$8.4B
—
#44
Idaho
$8.21B
—
#45
New Hampshire
$7.12B
—
#46
Montana
$6.44B
—
#47
Vermont
$6.28B
—
#48
North Dakota
$5.63B
—
#49
South Dakota
$4.55B
—
#50
Wyoming
$4.01B
—
All 50 states are listed, including states without a comparable observation. Ranks use stored source precision; displayed values may round to the same number.
The end-of-2026-session Consolidated Fund Statement's total estimated expenditures for the FY2026–27 biennium across the 37 funds most relevant to operating-budget decisions. The budgetary-basis statement excludes capital-project, internal-service, enterprise, agency, pension, investment, component-unit, and most other debt-service funds.
Shares of the $37.784 billion in taxes reported as general revenue for Minnesota's primary government. The denominator includes the State's property, motor-vehicle, and fuel taxes but excludes property and sales taxes levied and retained by local governments.
The Consolidated Fund Statement's estimated expenditures by bill area. FactVote combines E-12 and higher education, preserves the four other largest published areas, and uses an exact residual for all remaining bill areas and the General Fund refinancing offset.
Government-wide activity for Minnesota's primary government on the accrual basis. Revenue combines charges for services, operating and capital grants, taxes, investment earnings, and other general revenue; transfers cancel at the primary-government level.
Explore current officeholders and explicitly reviewed historical executive officials, labeled at the time of their actions. Timeline dates, action type, status and search also filter this list. Read any record’s summary, latest recorded status and official evidence below, or open it beside the timeline.
1 of 1 reviewed Minnesota actions · newest first
Jun 14, 2025 · SF17 · SF17 — state government; establishing a biennial budget for jobs, labor, and economic development · Signed by governorGovernor · SF17
SF17 — state government; establishing a biennial budget for jobs, labor, and economic development
Jun 14, 2025 · Signed by governor
Tim Walz · Signed
Reviewed topic context
Tim Walz signed SF17 (2025 1st Special Session, Chapter 6) on 2025-06-14. Official subject: relating to state government; establishing a biennial budget for jobs, labor, and economic development; appropriating money for the Department of Employment and Economic Development, Department of Labor and Industry, Bureau of Mediation Services, Explore Minnesota, and Workers' Compensation Court of Appeals; modifying economic development policy; making labor and industry policy changes; transferring money; canceling and modifying prior appropriations; modifying fees; requiring reports; The chapter establishes a biennial budget for jobs, labor and economic development, appropriates money and modifies prior appropriations. These are spending-authority decisions, not audited expenditure or a cash deficit.
Signed by the governor June 14, 2025, 10:28 a.m.. This is the recorded signing disposition; later implementation and litigation are outside this review.
Why this record is included
The chapter establishes a biennial budget for jobs, labor and economic development, appropriates money and modifies prior appropriations. These are spending-authority decisions, not audited expenditure or a cash deficit.
Retained Minnesota evidence context: Unemployment and jobs · reviewed policy-topic context · Economic output and growth · reviewed policy-topic context · State budget and finances · reviewed policy-topic context. This record’s connection to the topic does not establish an effect on the measured result.
Signed by the governor June 14, 2025, 10:28 a.m.
relating to state government; establishing a biennial budget for jobs, labor, and economic development; appropriating money for the Department of Employment and Economic Development, Department of Labor and Industry, Bureau of Mediation Services, Explore Minnesota, and Workers' Compensation Court of Appeals; modifying economic development policy; making labor and industry policy changes; transferring money; canceling and modifying prior appropriations; modifying fees; requiring reports;
Records come from published fact relationships or reviewed topic records with official supporting evidence and verified Minnesota officeholder attribution. Historical executive officials require evidence tied to the action date and are excluded from incumbent proposals. Inclusion follows an explicit topic review, a related state fact, or the action’s title and supporting evidence. Explicit topic reviews take priority; repeated actions use the most recent explicit review for this topic. Duplicate actions attached to several facts appear once. This topic match is not a new finding that an action caused a result, and the reviewed collection is selective. Collection reviewed Oct 5, 2026.
What candidates are saying
Explore statements about budgets, government spending, deficits and public debt from FactVote’s Minnesota candidate profiles. Compare candidates within each recorded race, with each person’s matching statements kept together. These are candidate and campaign statements, not verified outcomes.
23 statements from 13 candidates
2026 Minnesota Governor and Lieutenant Governor — General Election
1 candidate with matching statements · 1 statement
This directive will require state agencies to budget based on money the state actually has instead of granting every budget request as Democrats have done for years.
Read exact statement & source
Source topic or question: Demuth–Wilson Affordability Agenda
Candidate campaign source
This directive will require state agencies to budget based on money the state actually has instead of granting every budget request as Democrats have done for years.
Statement date not recorded · Profile reviewed Sep 20, 2026
Lead Contract Negotiator: Scott was Chair of the Waconia School Board where he skillfully led negotiations for teacher contracts . He protected taxpayer interests while successfully navigating multi-million dollar budget allocations.
Read exact statement & source
Source topic or question: DEDICATED TO RESTORING TRUST.
Candidate campaign source
Lead Contract Negotiator: Scott was Chair of the Waconia School Board where he skillfully led negotiations for teacher contracts . He protected taxpayer interests while successfully navigating multi-million dollar budget allocations.
Statement date not recorded · Profile reviewed Sep 15, 2026
Taking on corruption: As a math teacher, I believe parties have been reckless with the budget and our tax dollars. I’ll support a balanced budget amendment and I’ll vote against raising the debt ceiling until the budget is balanced, so that we finally take the $40+ trillion national debt seriously. …
Read exact statement & source
Source topic or question: I’m running for Congress to bring down costs, take on corruption, and invest in our small towns.
Candidate campaign source
Taking on corruption: As a math teacher, I believe parties have been reckless with the budget and our tax dollars. I’ll support a balanced budget amendment and I’ll vote against raising the debt ceiling until the budget is balanced, so that we finally take the $40+ trillion national debt seriously. We need real accountability and reform for the massive fraud we’ve seen right here in Minnesota, and I released a plan to get our money back and to send every public official who broke the law to prison. Unlike my opponent, I support term limits and a ban on pardons for family and donors, and I will vote to ban members of Congress from selling stocks and from becoming lobbyists. Perhaps most importantly, I will always stand up to corruption in government no matter which party or politician is responsible for it. Read my full Taxpayer Protection Pledge here.
Statement date not recorded · Profile reviewed Sep 15, 2026
This section matches specific budgets, government spending, deficits and public debt terms in retained, attributed source text from published Minnesota candidate profiles. A profile heading or biography alone does not qualify. The Florida geography is fixed; saved state preferences cannot change these results. A mention can concern a community or group rather than Florida’s statewide measure.
Matching is automatic and does not establish a candidate’s stance, the accuracy of a claim, or an effect on the measured result. Results are grouped by recorded race, then by candidate name. Within each candidate, the matching issue mentions appear first. Only candidates with matching retained statements are shown; this is not a complete race roster. Repeated identical text for the same candidate is shown once. Coverage follows the existing state profiles and is not a complete record of all candidates or everything they have said. Review dates are not statement dates.
Minnesota incumbents
What incumbents are proposing
Explore reviewed bills sponsored by current Minnesota legislators and Minnesota’s congressional delegation, plus retained proposals from Minnesota’s governor and agencies. Each record keeps its latest recorded status and official evidence.
0 matching sponsorships or proposals · 0 Minnesota incumbents. These filters apply only to this section.
No retained proposals match these filters. A missing record does not mean an incumbent has taken no action.
What sponsorship and proposal counts tell us
Only current Minnesota officeholders retained in the reviewed collection qualify. Bills require a recorded primary sponsorship; cosponsors and signing officials are excluded from sponsorship counts. An official introducer recorded as acting by request is labeled “Introduced by request”; that procedural role does not establish personal policy endorsement. Governor and agency records qualify when recorded as proposed. A separately verified governor transmittal can also establish an original proposal whose latest status reflects its later outcome. Signing an enacted law alone does not establish a proposal. A record appearing under several facts is counted once per officeholder. A bill with multiple primary sponsors appears under each recorded sponsor.
Enacted bills, adopted resolutions and unsuccessful measures remain visible as proposal history. Passing one chamber is not enactment. These counts do not measure effectiveness or prove that an action changed a Minnesota statistic. Collection reviewed Oct 5, 2026.
Sources & methods
Every section retains its primary sources, units, reporting periods and comparison limits. Maps, graphs and tables use the same observation and cohort. All 50 states are listed; D.C. and territories are excluded. Missing and suppressed values remain unavailable and never become zero.
#1 is the highest measured value. Equal source values share a rank and leave gaps (1, 2, 2, 4). Ranks use source precision and are descriptive, not a score of the state. Survey uncertainty and reporting coverage can limit comparisons. Published U.S. benchmarks are used where available; a state average is not substituted.
Minnesota snapshots and fiscal sources keep their own dates and accounting scope. National events and federal distribution explainers describe national context. Actions and statements are filtered to Minnesota, retain their reviewed evidence, and do not establish that a policy caused a measured change.
Retained state source collections assembled October 5, 2026. Original review and source dates remain visible. Refreshing this page does not refresh an official data release.