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ARTICLE · 04 FEBRUARY 2022

Governor Walz Supplemental Budget Recommendations 2022

Governor's Budget Recommendations...

United StatesGovernment, Public Sector

Governor's Budget Recommendations

New State Investment: $7.5 Billion for FY 2022 - 23
$5.6 Billion for FY 2024 - 25
American Rescue Plan: $1.1 Billion to frontline workers

Budget Highlights

$5.6 Billion

Supporting Children and Families

  • $75 million for Early Learning Scholarships expansion.
  • $135 million to increase general education formula 2% in FY 2023.
  • $155 million for full-day, prekindergarten for at underserved 4-year old children.
  • $126 million for home visiting.

$1.1 Billion

Expanding Economic Opportunity

  • $2.7 billion to repay the state's unemployment insurance debt.
  • $700 million in one-time rebates to 2.7 million households with incomes up to $164,000 single filers and $273,470 for joint filers.

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