Today, MMB posted application instructions for local units of government and political subdivisions to apply for capital budget grants for the 2020 bonding cycle. Here is a link to the application instructions: https://mn.gov/mmb-stat/documents/budget/budget-instructions/capital-budget/local-capital-budget-instructions.pdf
The deadline to submit final requests is June 14, 2019.
MMB Bonding Timeline:
• By June 14, 2019: Local governments must submit final capital budget requests including project overview with funding sources, project cost, etc.
• July 15, 2019: MMB forwards all local government and political subdivision requests to the Legislature (required by law).
• January 15, 2020: Governor Walz presents his capital budget recommendations to the Legislature.
For more information about the capital budget process, access to CBS, instructions, and other resources, go to: https://mn.gov/mmb/budget/budget-instructions/capbud/
To watch a tutorial on how local units of government and political subdivisions navigate the complexities of submitting a capital investment budget request to the state, go to: https://www.youtube.com/watch?v=wvelQuq3LCc
MMB’s tutorial begins at 25 minute marker.