MADISON, WI (STL.News) Gov. Tony Evers today announced $2.38 billion in recommended Capital Budget investments in his 2021-23 Capital Budget. The announcement represents one of the strongest investments to-date for Wisconsin’s facility infrastructure and continues to leverage historic low bond rates. Gov. Evers’ capital budget supports major projects across the state in 31 counties.
“The capital budget is an investment in the up-keep of our infrastructure for longevity and public safety and in the future we want to build for our state,” said Gov. Evers. “It’s about our priorities—from investing in sustainable energy options and protecting our public lands, to supporting the growth of our UW campuses and students, to reforming our juvenile justice system, to investing in community development, this capital budget will have a far-reaching impact on our communities and our state for generations to come.”
The 2021-2023 Capital Budget agency requests and governor’s recommendations can be found here: DOA Capital Budget (wi.gov).
The recommended investments will also help grow the economy by providing family-supporting jobs and supporting businesses throughout the state. A recent study conducted by Association of General Contractors reported that for every $1 in construction spending there is $1.81 of economic activity in Wisconsin; and for every $1 million of construction spend, 12 jobs are supported in the state’s economy.