Earlier today, the governor issued his line-item vetoes of the state’s bonding bill. $319 million in projects—mostly those deemed to have questionable statewide impact—were eliminated from the bill. The governor’s letter to legislative leaders detailing these reductions can be found here.
Funding for the Business Development Public Infrastructure (BDPI) grant survived the governor’s veto pen. The allocation amounts [...]
Governor line-item vetoes $319 million, BDPI funding survives
Cities propose bill to protect essential services and property taxpayers
The Coalition of Greater Minnesota Cities released a statement to the press this morning regarding a bill to protect LGA funding.
Updated Bonding Request Spreadsheet
The Capital Investment Committee released a revised bonding request spreadsheet the compares the House, Senate, and governor’s recommendations.
House, Senate release proposed bonding bills
Both the House and Senate released their bonding bills today, each totaling roughly $1 billion.
House DFL releases jobs plan
Rep. Ann Lenczewski (DFL-Bloomington), chair of the House Tax Committee, announced a plan last Friday to create jobs in various sectors. The full press release can be found here. Of note, the plan would boost Angel Investment and Historic Rehabilitation tax credits, while allowing cities more flexibility with using TIF. As the press release mentions, [...]
State Auditor finds that reliance on property taxes grows when LGA cut
This week, State Auditor Rebecca Otto released her office’s annual report on city finances.
Important info for cities regarding unallotment lawsuit ruling
With a ruling issued in the unallotment lawsuit, CGMC provides further information to its members regarding the future implications of this action.
