The bonds were sold at a historic low interest rate of 2.82 percent. The sale now brings the state’s bond debt total just under $6 million.
Charges: Teen hid inside vehicle trunk after shooting man at compost site
Prosecutors believe the shooting was a targeted act.
Cody Fohrenkam found guilty of Deshaun Hill Jr.'s murder
The 15-year-old was fatally shot on Feb. 9, 2022.
Gov. Tim Walz proposes $3.3B for aging infrastructure
Walz's borrowing plan comes days after the release of his two-year state budget proposal.
Police: Sartell fire that left man, baby dead investigated as murder-suicide
Police found a four-month-old baby inside.
Authorities seek answers after dog found shot near Garfield, Minnesota
Do you recognize this dog?
Woman pleads guilty to 2003 murder of her baby, found on Mississippi River shore
The baby was found nearly 20 years ago.
Murder charge unsealed in man's killing outside Brooklyn Park market in 2021
Prosecutors have not indicated a motive.
Children's Theatre Company actors lose belongings in damaging house fire
The fire broke out Tuesday morning shortly after the dryer had been started.
Biden Admin. imposes 20-year mining ban near Boundary Waters
The moratorium is the maximum the Department of the Interior can implement without congressional approval.
Police identify 2 deputies shot by suspect in Winsted, Minnesota
The BCA is still investigating the incident.
Historic St. Paul building to be removed, put in storage after public outcry
The building was set to be demolished before community members spoke out against it.
Minnesota's COVID update for the week ending Tuesday, Jan. 24
Hospitalizations dipped for a second week in a row.
State Patrol selling its five 2008 Harley Davidson Electra-Glide motorcycles
The State Patrol decided to retire its fleet of motorcycles "due to increased training costs, a concern for trooper safety, and a lack of troopers interested in volunteering for the unit." The first bike will be sold at a live auction Saturday, April 21 and the rest will be sold the following week.
Dayton unveils his bonding plan
The governor wants to borrow $775 million for a public works program that he says would put more than 20,000 Minnesotans back to work. The money would come from the sale of bonds that the state would pay back, with interest, over 20 years. The pool of money includes $27 million for a new stadium in downtown St. Paul.
Record-low interest rates save Minn. taxpayers millions of dollars
School districts, cities and counties in Minnesota are saving tens of millions of dollars in borrowing costs by refinancing old bonds, the Pioneer Press reports. The South Washington County School District is among the government organizations reaping the benefits of historically low interest rates. The district alone has saved more than $14 million since 2001.
State investment board rejects call to divest Israeli bonds
Palestinian advocates have filed a lawsuit claiming it's illegal for Minnesota to hold Israeli bonds because Israel violates international law in its treatment of Palestinians. Governor Dayton says the group is entitled to disagree with the investment, but he says calling it illegal is not responsible.
Minnesota home sales improve in November
The number of Minnesota homes sold increased in November. According to the Minnesota Association of Realtors, housing sales were up 11.2 percent compared to a year ago. However, home prices remain low. The report blames foreclosures for keeping values down, but credits bargin prices and low interest rates for the improved sales.
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