While often not talked about much, state revenue bonds are a way to pay for huge construction projects – with some kind of revenue flow from those projects ultimately paying off the bonds.
This year lawmakers are looking at a large revenue bond — $239.2 million.
Most of that comes from a massive rebuild at the University of Utah Hospital — $190 million for a discovery education and rehabilitation center.
But there are other projects as well inside of SB9:
- $5,451,800 for constructing a southwest Salt Lake County liquor store.
- $5,451,800 for constructing a Farmington liquor store.
- $8,250,000 for constructing an expansion of the University Guest House at the University of Utah.
- $4,700,000 for constructing an expansion of the Legend Solar Stadium at Dixie State University.
- $16,000,000 for constructing the Human Performance Center at Dixie State University.
- Authorizes the Dixie Applied Technology College to enter into a lease-purchase agreement to provide up to $9,505,300 for the Industrial Building.
