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Evers' capital budget calls for $2 billion in new borrowing

Posted: 1:35 PM, Mar 07, 2019
Updated: 2019-03-07 19:35:24Z
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MADISON, Wis. (AP) — Gov. Tony Evers' capital budget proposal calls for borrowing $2 billion over the next two fiscal years for projects ranging from building new juvenile corrections facilities, a new state office building in Milwaukee and upgrading buildings around the University of Wisconsin System.

The proposal must pass both the state building commission and the Legislature's budget-writing committee.

The plan calls for $90 million in new borrowing to help build three new facilities for juvenile inmates to replace the state's troubled youth prison near Irma. State law already has authorized $25 million in borrowing for the project.

The budget also calls for $94 million in new borrowing to help build a new state office building and parking structure in Milwaukee and nearly $900 million in new borrowing for UW projects.