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Minnesota Department of Management and Budget

From Wikipedia, the free encyclopedia

Minnesota Department of Management and Budget
Agency overview
JurisdictionMinnesota
Headquarters658 Cedar Street,
Saint Paul, Minnesota
Agency executive
  • Myron Frans [1], Commissioner
Websitehttps://mn.gov/mmb/

The Minnesota Management and Budget agency, officially the Department of Management and Budget, but also called MMB, is a state cabinet level agency responsible for coordinating the state finances, accounting and budgeting processes.[2] The agency was created by an act of the legislature in 1939 as a result of splitting out specific responsibilities from the Minnesota Department of Administration.

Role and Functions

The agency coordinates accounting from all other state agencies and public related entities that are required to report data.[3] It runs and administers the statewide financial reporting system called SWIFT. It uses this information along with economic trends from the state economist to provide an overall operating budget for the state. These are written into reports that are frequently cited in the public.[4][5]

It also works with other agencies to provide human resources coordination. In particular it works with the bargaining units across agencies and defines the civil classification system.[6] The core functions include providing training and leadership development for other state agencies as well.

Notes

  1. ^ "Executive Leadership Team". Minnesota Department of Management and Budget. October 8, 2012. Retrieved 2012-11-02.
  2. ^ "CHAPTER 16A. DEPARTMENT OF MANAGEMENT AND BUDGET". Minnesota Statutes. Retrieved 19 October 2017.
  3. ^ "Operating Budget". MMB Accounting. Minnesota Department of Management and Budget. Retrieved 19 October 2017.
  4. ^ "State Tax Collections Beat Forecast By $30 Million In July". CBS Local Minnesota. Associated Press. 10 August 2015. Retrieved 19 October 2017.
  5. ^ Bierschbach, Brianana (27 February 2015). "Doubled Minnesota budget surplus raises the stakes for coming legislative battles". Minnesota Post News. Minn Post. Retrieved 19 October 2017.
  6. ^ "Minnesota Management and Budget". Information on Minnesota State Agencies, Boards, Task Forces, and Commissions. Minnesota State Legislative Library. Retrieved 19 October 2017.

External links

Minnesota Management and Budget

This page was last edited on 27 May 2019, at 19:45
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