Issuing tobacco bonds to help fix the budget deficit was perhaps the most controversial aspect of the ultimate budget deal agreed to by Gov. Mark Dayton and Republican leadership at the Capitol.
As Gov. Mark Dayton promotes his plan to borrow $1 billion for projects as part of a job creation strategy, state records show previous bonding projects with an even larger amount of unspent money.
The Minnesota Department of Management and Budget has hired public finance advisor Kristin Hanson as the new assistant commissioner for debt management and treasury.