Bringing on private partners early to help design a project through a progressive development agreement can reduce uncertainties and mean more accurate pricing.

The National Association of Counties, which has been a chief supporter of the measure, said it would renew its push in the new year.

Rosier revenue projections will allow Minnesota to pump up its rainy day fund to pre-pandemic levels while still leaving a $7.7 billion surplus.

The guessing game is over about President Biden’s pick for Federal Reserve chair, but several names are in the mix for three additional vacancies on the board, including vice chair for supervision.

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.

The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

The president has selected Jerome Powell to serve a second four-year term as Federal Reserve chair and chosen Gov. Lael Brainard as the next vice chair.

COVID-19 stimulus and related infrastructure spending are causing state expenditures to reach a 35-year high, according to NASBO’s 2019-2021 State Expenditure Report.

The state has an estimated $31 billion budget surplus to work with as the governor preps this fall for his January budget reveal, the Legislative Analyst’s Office said.

State economies are generally stronger than anticipated in the first half of 2021.