Money and spending
Gov. Tim Walz announced his plan for a $2.7 billion bonding bill, which would be a new record for the state. The governor said more than a billion is for asset preservation — maintenance and preservation of existing public buildings. “These are assets that belong to the people of Minnesota.” There’s more for bridge replacement and road improvements, $450 million for housing, including homelessness projects, and money for the environment. In addition to general obligation bonds, Walz would finance this collection with $276 million from the state’s record surplus fund. ...