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Minnesota has a big budget surplus So why borrow for infrastructure?

Last month, Gov. Tim Walz proposed a $2.7 billion public construction package financed with $2 billion in general obligation bonds and the rest in cash, largely from the state’s projected $7.7 billion budget surplus and other sources.

Minnesota has a big budget surplus So why borrow for infrastructure?

Last month, Gov. Tim Walz proposed a $2.7 billion public construction package financed with $2 billion in general obligation bonds and the rest in cash, largely from the state’s projected $7.7 billion budget surplus and other sources.

Minnesota has a big budget surplus So why borrow for infrastructure?

Last month, Gov. Tim Walz proposed a $2.7 billion public construction package financed with $2 billion in general obligation bonds and the rest in cash, largely from the state’s projected $7.7 billion budget surplus and other sources.

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