Evers' capital budget calls for $2 billion in new borrowing
MADISON, Wis. (AP / CBS 58) — 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 Milwaukee area upgrades include $98.5 million for a new 200,000 square foot State Government Office Building as well as $3 million for State Fair Park improvements.
The UW system upgrades include $48 million for renovation at the Kohl Center and $77.6 million for renovations at Camp Randall that include replacing bleacher seating with premium options, renovating the press box and replacing the turf.
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.