Minnesota § 16A.502 NONSTATE COMMITMENTS TO CAPITAL PROJECTS

Minnesota Statutes

§ 16A.502 — NONSTATE COMMITMENTS TO CAPITAL PROJECTS

Minnesota § 16A.502

PartADMINISTRATION AND FINANCE

Ch. 16ADEPARTMENT OF MANAGEMENT AND BUDGET

This text of Minnesota § 16A.502 (NONSTATE COMMITMENTS TO CAPITAL PROJECTS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 16A.502 (2026).

Text

If a state appropriation or grant for a capital project or project phase is not sufficient, by itself, to complete the project or project phase, and thus requires a commitment from other sources:

(1)the commitment, including any required match, must be in an amount that, when added to the appropriation or grant, is sufficient to complete the project or project phase; and

(2)the appropriation or grant is not available until the commissioner has determined that the commitment is sufficient. In making the determination, the commissioner must apply generally accepted governmental accounting standards and principles, including those that are particularly applicable to capital projects.

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If a state appropriation or grant for a capital project or project phase is not sufficient, by itself, to complete the project or project phase, and thus requires a commitment from other sources:
(1) the commitment, including any required match, must be in an amount that, when added to the appropriation or grant, is sufficient to complete the project or project phase; and
(2) the appropriation or grant is not available until the commissioner has determined that the commitment is sufficient.
In making the determination, the commissioner must apply generally accepted governmental accounting standards and principles, including those that are particularly applicable to capital projects.