April 19th, 2013

Rochester sizes up its bigger bill for Mayo

By Logan Lafferty

If the Mayo Clinic's big-ticket funding package passes the Legislature, its neighbors will pay more for it than they originally bargained for. Minnesota Public Radio reports that state lawmakers, who have balked at the size of Mayo's request from taxpayers — $500 million, or possibly twice that when interest is included — have responded by saying Rochester needs to double its share of local taxes that it will contribute to the project to $128 million.

 

Minneapolis St. Paul Business Journal by Mark Reilly

Tags: Expansion, Finanical, funding, Government Relations, Mayo Clinic Rochester, Minneapolis-St. Paul Business Journal, Minnesota Legislature, Minnesota Public Radio, state tax

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