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Love of Minnesota 2026

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Minnesota State Colleges & Universities | Minnesota Government
  1. Government
  2. /Executive Branch
  3. /Governor of Minnesota
  4. /Minnesota State Colleges & Universities

Minnesota State Colleges & Universities

departmentexecutive

Part of Governor of Minnesota

Official Website →

Location

Wells Fargo Place

30 East 7th Street, St. Paul, MN 55101

Leadership

SO
Scott Olson

Chancellor

Budget (FY2026)

Minnesota State Budget

Total Budget

$2.4B

Spent

$953.2M

40.5% of budget

Obligated

$743.9M

Remaining

$3.2B

Year-over-Year History

Fiscal YearBudgetSpentRemaining
FY2026(current)$2,351,680,588$953,167,883$3,174,370,530
FY2025$2,304,824,817$2,220,227,844$793,362,119
FY2024$2,031,816,932$2,030,724,070$763,702,741

Workforce (FY2025)

Minnesota OpenCheckbook

Employees

698

Total Wages

$108.3M

Avg Salary

$155.1K

Overtime

$4.3M

FY2023
$2,151,036,732
$2,102,472,918
$894,308,341
FY2022$1,906,670,239$1,906,411,853$2,498,450,189
FY2021$1,822,658,292$1,822,439,575$10,987,712
FY2020$1,913,660,602$1,913,540,932$66,659