Senate GOP spends $561 million on bonding bill that focuses mostly on local projects
Senate Republicans have proposed a public works bill that spends $561 million on projects throughout Minnesota. The plan focuses mostly on local projects throughout the state including $39 million for the University of Minnesota. $127 million for Minnesota State Colleges and Universities, $30 million for flood mitigation, $25 million for a new building at the Minneapolis Veterans Home and funding for the Hormel Institute, the Mayo Civic Center in Rochester and St. Cloud Civic Center. (Full spreadsheet below)
The Senate also spends dramatically less that House Republicans on renovating the State Capitol. House Republicans are proposing to spend $221 million to renovate the Capitol. The Senate bill spends $25 million.
The House has two bonding bill proposals moving. The $221 million for the State Capitol Renovation and a $280 million borrowing plan for local projects.
The plan is also smaller than Gov. Dayton's plan that borrows $775 million.
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Here's a breakdown of the projects in the Senate bill ($561 million total cost. State's general fund obligation is $462m)
University of Minnesota $39,060,000
-$35 million for asset preservation
Minnesota State Colleges and Universities 127,028,000
-$32 million for asset preservation
-$5.9 million for Anoka/Ramsey Community College Coon Rapids
-$13.3 million for workforce program renovation at Minneapolis Technical College
-$26 million for North Hennepin Community College Bioscience and Health Careers Addition
-$13.8 million for lab renovation at Ridgewater College, Willmar
Department of Education 1,000,000
Minnesota State Academies 1,000,000
-Perpich Center for Arts Education 263,000
Natural Resources 56,000,000
-$30 million for flood hazard mitigation
-$6 million to fight invasive species
-$5 million to develop the Lake Vermilion State Park
Pollution Control Agency 5,256,000
Board of Water and Soil Resources 12,000,000
Agriculture 706,000
Rural Finance Authority 33,000,000
Zoological Garden 7,000,000
Administration 35,867,000
-$25 million for State Capitol Renovation
-$5 million for Washburn Center for Children
Amateur Sports 375,000
Military Affairs 25,000,000
-$19.5 million for addition to Camp Ripley
Public Safety 4,037,000
Transportation 43,500,000
-$20m local bridge renovation
-$14.2 million local road improvement grantss
Metropolitan Council 12,850,000
Human Services 2,500,000
Veterans Affairs 29,816,000
-$25.4 million for a Minneapolis Veterans Home building.
Corrections 12,391,000
Employment and Economic Development 77,850,000
-$13.5 million for Hormel Institute
-$10 million for the St. Cloud Civic Center Expansion
-$32 million for Mayo Civic Center Expansion in Rochester
Public Facilities Authority 24,850,000
-$20 million for Wastewater Treatment.
Housing Finance Agency 6,000,000
Minnesota Historical Society 3,250,000
Bond Sale Expenses 560,000
TOTAL $ 561,159,000
Bond Proceeds Fund (General Fund Debt Service) 462,283,000
Bond Proceeds Fund (User Financed Debt Service) 64,676,000
State Transportation Fund Bond Proceeds (General Fund Debt
Service) 34,200,000
Here's the spreadsheet: