Minnesota's Capital Budget is primarily funded by issuing state general obligation bonds. Items funded in capital budgets often include land acquisition, repair, renovation and construction of state facilities; acquisition, construction and repair of state parks, trails, interpretive centers, campground facilities, forests, wildlife management areas, dams and flood control structures.
Capital budgets also include grants to local government for repair and construction of schools, parks, bridges and waste-water treatment facilities. Historically, major capital budget bills have been passed in even-numbered years.
Minnesota Management & Budget issues instructions for capital budget requests in April of the year preceding its submission to the Legislature. Preliminary submissions of state agency capital budget requests are due in June, with final submissions due in September. The Governor's submits a proposed capital budget to the Legislature in January of even-numbered years.
Preliminary 2016 Capital Budget Requests & Related Documents:
The funding sources in the capital budget request documents include the following abbreviations:
|GO = General Obligation Bonds||GF = General Fund Cash||UF = User Financed Bonding|
|AP = Appropriation Bonds||THB = Trunk Highway Bonds||THC = Trunk Highway Cash|
|Rev = Revenue Bonds|