Governor Releases $1.5 Billion Bonding Proposal

The following information was shared via email with the library community Tuesday, January 16, 2018 by Sam Walseth, Capitol Hill Associates, in his role as the MLA-ITEM lobbyist.

Governor Dayton released his 2018 bonding bill today and it totals $1.5
billion in general obligations bonds and appropriation bonds. Minnesota
Management & Budget (MMB) Commissioner Myron Frans noted the proposal will
leverage an additional $570 million in federal, local and private funds
making the proposal a $2 billion investment in Minnesota’s capital
infrastructure.

The Governor accepted a request from the MN Department of Education (MDE)
to fund $2.5 million to for Library Construction and Renovation grants.
While this is a good place for us to start the 2018 session we face an
uphill battle to get a bonding bill passed and signed into law. Competition
for bonding dollars is always fierce. There were over $3.3 billion in
requests submitted to the Governor?s office ($2.5 billion from state
agencies and $831 million from local governments).

For more details on the Governor’s bonding proposal:

https://mn.gov/mmb/budget/capital-budget/current/