Good afternoon. Gov. Dayton released his bonding recommendations earlier today for the 2014 legislative session. Included in the $986 million bill is $151 million for Minnesota State Colleges and Universities; $40 million in HEAPR funding (out of a $110 million request), along with $111 million in funding for 17 of the system’s 24 campus capital investment projects. Please note the Governor’s recommendation refers to $74 million for the 17 projects. This number reflects only the state funded portion of the project and does not include user financing of $37 million.
Gov. Dayton said, “My proposals will put thousands of Minnesotans to work throughout our state. This bill gives priority to projects that are ready to go. Many of them have been delayed for years and are crucial to revitalizing downtown business centers, modernizing MnSCU and U of M buildings and classrooms, and improving parks, roads, and local infrastructure.”
Chancellor Steven Rosenstone said about the recommendation, “The Governor’s bonding proposal makes construction projects for higher education a top priority and recognizes the critical role Minnesota’s state colleges and universities play in providing access to an extraordinary education for Minnesotans from all backgrounds and every part of the state. These investments will help ensure that our graduates have the skills needed to keep Minnesota globally competitive. We appreciate the Governor’s support of our students and the communities we serve.”
We will continue to work with the Governor’s office, the Legislature and others in advancing all MnSCU’s bonding priorities. A summary comparing Minnesota State Colleges and Universities request with the Governor’s recommendations is attached for your information along with a copy of Gov. Dayton’s press release.
Thank you.
Melissa Fahning
Government Relations
Minnesota State Colleges and Universities
30 7th St. E., Suite 350
St. Paul, MN 55101
651-201-1757
612-483-3741 (cell)
melissa.fahning@so.mnscu.edu
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