Infrastructure
DEED awards $20.8M for economic development in Greater MN
DEED awards $20.8M for economic development in Greater MN 31 cities, townships, and counties in Greater Minnesota were awarded a total of nearly $21 million in Small Cities Development Program (SCDP) grants from the Minnesota Department of Employment and Economic Development (DEED) in late September. The funding will be used for commercial and residential property…
Read MoreGovernor Walz unveils proposed capital budget for 2024
Governor Walz unveils proposed capital budget for 2024 Yesterday Governor Tim Walz and Lt. Governor Peggy Flanagan announced the administration’s proposed capital investment plan ahead of the 2024 legislative session. The recommended package totals $982 million of bonding and cash dollars. Under the Governor’s recommendations, the Greater Minnesota Business Development Public Infrastructure program would receive…
Read MoreMMB releases November forecast with ‘good news, bad news’ budget outlook
MMB releases November forecast with ‘good news, bad news’ budget outlook Minnesota Management and Budget (MMB) released its November state budget forecast on Wednesday. According to MMB, the state’s budget and economic outlook remains stable in the current biennium. The forecast projected a surplus of $2.4 billion at the end of the 2024-25 biennium, an…
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