Greetings,

Governor Pawlenty is required to submit his 2008 Strategic Capital Budget to the Legislature by January 15, 2008. A continued commitment to maintaining fiscal discipline and responsibility will continue to be the guiding principles as the Governor reviews available information, sets priorities, and establishes and submits his budget.

Earlier this week, the Department of Finance published information providing summaries of all state agency and local government submissions for 2008 capital projects. The requests total nearly $3.25 billion: $2.04 billion from agencies and $1.21 billion from local entities.

The information provided in these summaries is one of the factors used by the Governor and Legislature to determine bonding needs heading into the 2008 session.

As key stakeholders, I thought many of you may find the information interesting and/or insightful. You likely read about some of the details – especially related to some local government requests – in the newspapers.

The link here will take you to the Department of Finance web site, where the information is clearly available on the main page.

http://www.finance.state.mn.us/

Best Regards,

Bill Hoffman    Office of Governor Tim Pawlenty    130 State Capitol     Saint Paul, MN  55155    Desk 651-296-7689    Fax 651-296-0056

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