Today, Governor Dayton announced his capital infrastructure bonding recommendations for the 2018 session. In his recommendations, he included nearly $300 million for the University of Minnesota.
In January of the even number calendar years, the governor is required by statute to submit a list of capital infrastructure recommendations to the legislature for consideration in the upcoming legislative session. These recommended capital projects reflect infrastructure needs across the state, from state agencies to local governments to higher education facilities.
Today, Governor Dayton announced his capital infrastructure bonding recommendations for the 2018 session. In his recommendations, he included nearly $300 million for the University of Minnesota. The statewide total of the governor's recommendations is $1.5 billion. President Kaler joined Minnesota Management and Budget Commissioner Myron Frans at today's press conference, and the University submitted a statement in response to the governor's recommendations.
View a chart comparing the governor's recommendations and the University's request advanced by the Board of Regents. You'll note the total for the governor's recommendations is higher than for the University's requests. Learn more about the University's 2018 Capital Request.
The governor's list of recommendations is a first step in the process leading to a capital investment bonding bill. The House and Senate will release their own recommendations during the 2018 session, which begins on February 20. The different versions must then be negotiated and signed into law.
We are grateful to Governor Dayton for including the University of Minnesota's full request in his bonding recommendations, and we look forward to working with him and the legislature in support of a bonding bill this session that will benefit all Minnesotans.