CASH UP FRONT...says Senate in bonding bill

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Minnesota's state senate has approved nearly a billion dollars in cash payments for parks, roads, college buildings and other capital investment projects. Todays passage of a capital budget bill puts the Senate in direct opposition with the House and Governor Arne Carlson, who say bonds should pay for long-term projects: Minnesotas Senate has passed a $954-million-dollar capital budget bill, following a lengthy argument over whether to pay for major projects with cash or on credit.

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Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.

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