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Legislative Budget Office


Mission

Support informed decision-making through objective analysis of the impact of proposed legislation on the state budget.

Vision

Fiscal notes are timely, objective, and reasonable.

Values

The Legislative Budget Office values:

Accountability - We focus on producing reliable information, measuring results, building knowledge, and continuous improvement.

Integrity - We operate as a nonpartisan, independent office to provide credible and transparent information.

Respect - We commit to working collaboratively; recognizing the expertise of all stakeholders; and operating within the laws, rules, and regulations that govern our work.

Background

The Minnesota Legislature created the LBO during the 2017 Legislative Session. Funding for the LBO was first appropriated in fiscal year (FY) 2018. Changes enacted during the 2018 Legislative Session established an effective date for the LBO to assume fiscal note responsibilities on September 1, 2019. Prior to the creation of the LBO, Minnesota Management and Budget (MMB), a state agency within the executive branch, was responsible for submission of fiscal notes to the legislature.

In 2021, the Minnesota Legislature created the Tax Expenditure Review Commission. The LBO will provide professional and technical support to the commission.

Combined Meetings

Upcoming Legislative Budget Office Oversight Commission Meetings