Today’s budget forecast closes chapter on years of irresponsible borrowing from Minnesota students
After years of irresponsible borrowing, all of the $2.8 billion that was borrowed from Minnesota schools has been repaid due to the budget surpluses generated by Minnesota’s growing economy. A new economic forecast released today by the Minnesota Department of Management and Budget (MMB) shows that the additional $1.086 billion surplus projected for the current biennium will permit the immediate repayment of the final $246 million, still owed our schools. Changes made last session by the Legislature and Governor Dayton accelerated that repayment by mandating in law that any additional surplus would go immediately to the schools.
Today’s announcement comes after Minnesota added 13,400 jobs since August and over 122,000 jobs since January 2011 – regaining all of the jobs that were lost in the Great Recession. Minnesota was recently ranked eighth in the “Forbes 2013 List of the Best States for Business,” and had, according to the U.S. Department of Labor, the fifth-fastest growing state economy in the nation last year.
The Governor was joined by Minnesota Turkey Growers Association President John Zimmerman, Agriculture Commissioner Dave Frederickson, and Colleen Moriarty of Hunger Solutions Minnesota for the occasion. The event marks a time-honored tradition, going back more than two decades, of Minnesota’s Governor kicking off Thanksgiving week in Minnesota.
At the event, Zimmerman announced the donation of approximately 10,000 pounds of turkey to Hunger Solutions Minnesota, which will be distributed to food shelves and food banks across the state. That amount of turkey will feed over 12,500 people.
This morning Governor Dayton kicked off Thanksgiving Week with the help of a feathered friend. The Governor was joined by a Minnesota-raised turkey, Minnesota Turkey Growers Association President John Zimmerman, Agriculture Commissioner Dave Frederickson, and Colleen Moriarty of Hunger Solutions Minnesota for the occasion.
The Minnesota-raised turkey that took part in today’s festivities comes from a distinguished family – President Obama is pardoning his brother later this week. The turkeys were raised in Badger, Minnesota by John Burkel, Chairman of the National Turkey Federation, and his family.
Minnesota has more independent turkey farmers than any other state with roughly 600 farms. Many of these farmers are fourth and fifth generation turkey farmers – highlighting the long-standing tradition Minnesota has in turkey farming.
Nearly 400,000 military veterans call Minnesota home. We are proud to have them. Our veterans have bravely answered the call to service. From the Battle of Gettysburg to Iraq and Afghanistan, Minnesotans have fought to protect our country and our freedoms. Many of Minnesota’s veterans don’t stop serving when they leave the military either.
In 2013, Governor Mark Dayton signed new legislation to help our veterans make the transition. The new reform makes it easier for active duty service members to transition into jobs on the police force. The bill allows military service members to take a police officer reciprocity exam while they are on active duty. Previously, service members were only allowed to take the reciprocity exam after they were honorably discharged. This change allows men and women in the Armed Forces to move into civilian service without a long delay in employment.
According to the U.S. Centers for Disease Control and Prevention (CDC), more than half of all Americans live with a preventable chronic disease, and many such diseases are related to obesity, poor nutrition, and physical exercise. A recent study found Minnesotans could save more than $4 billion during the next ten years, if our average Body Mass Index decreased by five percent. And right now, unhealthy lifestyles come with a price – costing Minnesotans nearly $6 billion in yearly medical costs.
Continuing the effort to improve the health of Minnesotans, and reduce health care costs through low-cost, preventive measures, the Minnesota Department of Health (MDH) has awarded more than $21.2 million in Statewide Health Improvement Program (SHIP) grants to counties and cities across Minnesota. The grants will be used by communities – in partnership with local businesses, schools, and local governments – to implement projects and programs that will promote exercise and physical activity, improve nutrition, and decrease tobacco use. “The Statewide Health Improvement Program helps win the fight against both chronic diseases and rising health care costs,” said Governor Mark Dayton. “By supporting preventive health measures and encouraging Minnesotans to make healthy choices, our state can realize significant health care savings and help people of all ages live healthier, more fulfilling lives.”
The new grant awards announced this week come after Governor Mark Dayton and the Minnesota Legislature restored funding for the SHIP initiative during the 2013 Legislative Session. Funding for the program had been cut by nearly 70 percent, forcing the Health Department to offer the grants in only about half of the state. But the new state budget signed into law this spring increased SHIP funding by $20 million, restoring the opportunity for communities statewide to participate in the program. This additional funding allowed 25 more counties to receive SHIP funding.
Commissioner Katie Clark Sieben unveiled the new Made in Minnesota directory at Vee Corp, a Minnesota company where "Seasame Street Live" characters are made.
This week, Governor Dayton issued a proclamation declaring this week “Minnesota Manufacturers Week” – highlighting the importance of an industry that employs one out of every nine workers in Minnesota. To feature products and supplies manufactured in the state, DEED unveiled a new online Made in Minnesota Directory to encourage Minnesota businesses to buy products and supplies from each other, rather than from out-of-state or foreign companies. The tool contains details about nearly 600 manufactures statewide.
Businesses can use the database to find Minnesota manufacturers who make everything from food products to textiles, fabricated metals, machinery, and computers and electronics. The directory, which is available online at www.tinyurl.com/MadeinMinnesotaDirectory, is arranged so that users can search by product, company name or county.
Salaries in the sector are much higher than most other industries in the state because many manufacturing jobs require high-tech skills to operate advanced technology and computer-controlled equipment. The average manufacturing position in the state paid $58,760 last year, about $10,000 more than the typical job in Minnesota.
Throughout the week, tours of manufacturing facilities around the state and other activities are planned in recognition of Minnesota Manufacturers Week. Besides plant tours, other events during the week include speakers, educational activities and the unveiling of the new Made in Minnesota Directory of manufacturers and suppliers.
Photo Content: Flickr User Pete Sieger; Normandale Community College
We all know that education is critical to a bright future. In fact, by 2018 an estimated 70 percent of Minnesota jobs will require some education beyond high school. And right now, only 40 percent of Minnesotans hold postsecondary degrees. Closing this higher education gap is critical to helping all Minnesotans get great jobs in the future and growing our economy.
However, the rising cost of higher education is putting college out of reach for many. Right now, Minnesota had the third highest student debt rate in the United States with the average graduate leaving school with $29,800 in debt. This year, Governor Mark Dayton and the DFL legislature improved Minnesota’s State Grant Program to help all of our students get an affordable education.
Previously, part-time college student who also worked received a smaller grant than they would have otherwise. Under the new requirements, part-time students taking three or more credits will be eligible for the State Grant Program. This improvement is particularly beneficial for non-traditional college students who are more likely to be older, have a family, or other responsibilities that keep them from attending school full-time.
In addition to reforming the State Grant Program, the Governor and the legislature invested $46 million more into direct financial aid. This will significantly increase support for all college students during the next two years. In all, these new investments and reforms should Minnesota students get a more affordable education as they return to campus.