13. 2007-09 Recession Permanently Reduced the Base for Future Revenues Source: “But…What About Tomorrow?”, presentation to LCPFP Balanced Budget Subcommittee, October 2009.
14. Next 25 Years--State Revenue Growth Rate Projected To Slow Budget Trends Commission, 2009
15. From 2010 to 2020, Minnesota will see large increases age 50s and 60s Source: Minnesota State Demographic Center, rev 2007 Numbers are rounded
16. Budget pressures will change -- more 65+ than school age by 2020 Census counts & State Demographer projection, revised 2007
17. If state health care costs continue their current trend, state spending on other services can’t grow General Fund Spending Outlook, presentation to the Budget Trends Commission, August 2008, Dybdal, Reitan and Broat
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19. Impact to the Minnesota State Colleges and Universities
20. Higher education share of state’s budget Fiscal year 2011 estimate includes unallotment. Higher education includes the Minnesota State Colleges and Universities, the University of Minnesota, and the Minnesota Office of Higher Education.
21. State appropriation per FYE student During past decade, appropriation per FYE student has decreased $765 (16 percent); adjusted for inflation decrease is $1,759 (36.5 percent)
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Notas del editor
Data that was reported to the National Conference of State Legislators: Minnesota: FY2012 budget gap $3.15 billion; 18.9% of general fund budget
FY2010: END OF FIRST QUARTER $52 million less than projected (1.7% decrease) Largest variance in individual income tax category
