The Treasury Division of Minnesota Management & Budget has three sets of responsibilities: Cash Management, Bonding and Capital Projects.
The Cash Management unit is responsible for managing the state’s banking service and daily cash flow.
The State of Minnesota sells General Obligation Tax Exempt and Taxable Bonds, State General Fund Appropriation Bonds and certain Revenue Bonds.
The Minnesota Legislature appropriates state funding for a variety of capital projects. Funding may be approved through the state bonding bill or other state appropriation bills, and may come from bond proceeds or from the state general fund.