Investing in
Minnesota’s future

Senate Capital Investment Committee
#MNfrastructure

Funding breakdown

  • Housing
  • Transportation
  • Higher Education
  • Water Infrastructure
  • Veterans & Military
  • Mental Health
  • Feeding Families
  • Other
  • Employment & Economic Development
  • Natural Resources
  • Rural Finance Authority

*Figures shown as a percentage of the total

Investment

AreaAmount   
Transportation (incl. trunk highway bonds)$342,710,000
Higher Education$215,662,000
Water Infrastructure$120,000,000
Employment & Economic Development$86,576,000
Mental Health$80,000,000
Natural Resources$62,428,000
Veterans & Military$53,876,000
Rural Finance Authority$35,000,000
Housing$35,000,000
Feeding Families$21,450,000
Other$134,082,000
Saint Paul RiverCentre Ramp and Loading Dock Project
Preston Veterans Home project site
Highway 8 - Chisago City
Highway 10 - Watab
Redwood-Cottonwood Rivers Control Area - Lake Redwood Reclamation
Highway 23 - Foley
Windom Wastewater Treatment Facility
Minnesota Correctional Facility-St. Cloud
Minnesota Correctional Facility-Willow River Challenge Incarceration Program
City of Perham - School Repurposing
Lake Zumbro
City of Rochester Bus Garage
Minnesota Correctional Facility-St. Cloud
Duluth Harbor
North Country Food Shelf
Fergus Falls Treatment Center
Montevideo Veterans Home
Rochester Community & Technical College
Highway 23 - Foley
Highway 8 - Chisago City
Highway 14 Project
Rochester Community & Technical College
Highway 14 Project
Minnesota State University Mankato Clinical Sciences Phase II Project
Bemidji Veterans Home Project
Rochester City Bus Garage
Preston Veterans Home project
Highway 10 - Watab
City of Perham - School Repurposing
Ft. Snelling
Mayo Clinic, Rochester - Mental health funding
East Side Freedom Library
Oronoco Wastewater Treatment Facility project
City of Waite Park Quarry Redevelopment

Frequently asked questions

What is bonding?
What is a bonding bill?
What are bonding tours?
Where can I find more information?
How do projects seek bonding?
How many projects are seeking capital in 2018?
Who sits on the committee?
How can I get in touch?
What is bonding?

“Bonding” refers to the process by which the state finances certain construction projects of local, regional, and statewide significance through the selling of bonds. In short, bonds are a form of debt; they are promises to repay the money borrowed at a specified time and interest rate. The bonding process is relatively simple and, in many ways, similar to a loan: the state borrows money to pay for larger-scale construction projects by selling bonds to investors who, in return, will earn interest as the agencies pay them back. Since infrastructure projects typically make up a significant portion of bonding bills, these bonds come in the form of general obligation bonds and are guaranteed by the state. In addition to bonding, the state also uses cash from other areas of the budget to pay for these projects.

What is a bonding bill?

A “bonding bill”, also known as a capital investment bill, is a piece of legislation that authorizes the issuing of bonds and other capital to pay for certain construction projects and infrastructure upgrades. Projects are only eligible for bonding if they are publicly-owned and designated as infrastructure; bonding bills typically include projects requested by local governments, including colleges, universities, cities, counties, townships, and other public entities. The projects that end up being included in a bonding bill are selected by legislators after touring the state and speaking with stakeholders. Examples of the types of projects often funded through a bonding bill include construction, renovations, and upgrades at colleges and universities, hospitals, prisons, wastewater treatment facilities, bridges, trails, parks, airports, and other public buildings. Bonding bills must pass both the House and the Senate with a three-fifths majority vote and must be signed by the governor before becoming law.

What are bonding tours?

Every other year, the Senate Capital Investment Committee travels thousands of miles across the state to learn more about select projects seeking bonding. The tours are typically divided into the four geographic regions of Minnesota — southwest, southeast, northwest, and northeast — along with the Twin Cities metropolitan area. On the tours, the committee visits with the local governments and other entities seeking funds, tours the sites, and learns more about projects. These tours are vitally important for the committee members and allows the committee to see the projects firsthand.

Where can I find more information?

You can find information on committee members, hearing dates, and relevant committee documents by visiting the Minnesota Senate website.

May 9, 2018: For the nuts and bolts of the Senate bonding proposal, you can download the spreadsheet here.

How do projects seek bonding?

The process of assembling a bonding bill begins when local units of government and other state agencies submit requests seeking bonding as financing for their projects. Minnesota Management and Budget (MMB) is the state agency responsible for collecting these requests. In 2017, there were nearly $4 billion in bonding requests and a bonding bill of $988 million was eventually passed.

How many projects are seeking capital in 2018?

More than $4.5 billion in capital requests have been made by state agencies, colleges, universities, cities, counties, townships, and other government entities across Minnesota. Projects that have requested funding include infrastructure upgrades, building needs, construction, water treatment improvements, and other important projects that directly impact the lives of millions of Minnesotans.

Who sits on the committee?

The Capital Investment Committee is made up of 18 members of the Minnesota Senate. The committee’s chairman is Senator David Senjem of Rochester. You can view the full committee roster here.

How can I get in touch?

This is the official webpage of the Minnesota Senate Capital Investment Committee. This page is operated by the Senate Capital Investment Committee and the Minnesota Senate Republican Caucus.

If you would like to get in touch regarding a capital request, please contact:

Suzy Geroux, committee administrator
Phone: (651) 296-9477
Email: suzy.geroux@senate.mn

If you would like to get in touch regarding a press inquiry or a website question, please contact:

Jake Schneider, communications staff
Phone: (651) 296-9477
Email: jacob.schneider@senate.mn

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