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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. ....

United States , Ahna Minge , Paul Torkelson , Tim Walz , Jennifer Hassemer , Jim Schowalter , Senate Republican Majority Leader Jeremy Miller , Department Of Administration , Budget Commissioner Jim Schowalter , Budget Director Ahna Minge , State Capitol ,

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. ....

United States , Ahna Minge , Paul Torkelson , Tim Walz , Jennifer Hassemer , Jim Schowalter , Senate Republican Majority Leader Jeremy Miller , Department Of Administration , Budget Commissioner Jim Schowalter , Budget Director Ahna Minge , State Capitol ,

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. ....

United States , Ahna Minge , Paul Torkelson , Tim Walz , Jennifer Hassemer , Jim Schowalter , Senate Republican Majority Leader Jeremy Miller , Department Of Administration , Budget Commissioner Jim Schowalter , Budget Director Ahna Minge , State Capitol ,