But Gov. Jesse Ventura told the MinnesotaChamber of Commercethis week that he will use currentbudget reserves and spending cutsto manage thestate's budget shortfall and resist any attempt toundothe property tax reform enacted last legislativesession.
The chamber endorses Ventura's approach,arguing that propertytax reform and other tax cutsare not responsible for the currentshortfall. The taxrelief given to homestead andcommercial/industrialproperty resulted from moving significantprimary andsecondary school education expense from thelocalproperty tax to state revenues.
In addition, theLegislature increased state aid to citiesandcounties. State spending increased as a result of bothactions,contributing to the current gap betweenrevenues and budget.
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