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Minnesota State Economist Tom Stinson says on Thursday that a good outlook for the state budget must include warnings that an economic downturn could change the state's prospects. Watching is State Budget Director Margaret Kelly. Photo by Don Davis/State Capitol Bureau

Surplus leaves state leaders happy but concerned

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ST. PAUL -- The revelation of an $876 million Minnesota budget surplus includes a dark side.

Gov. Mark Dayton showed the two sides by calling Thursday's announcement "terrific news," moments later adding that it is "no time to celebrate."

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"We're not out of the fiscal woods by any means," he said.

The takeaway for an average Minnesotan is that no one should expect a return to the old days of higher state spending.

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Don Davis
Don Davis has been the Forum Communications Minnesota Capitol Bureau chief since 2001, covering state government and politics for two dozen newspapers in the state. Don also blogs at Capital Chatter on Areavoices.
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