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Grants in Aid

The state budget approved in May allocates more than $14 billion to state operations and debt service. Each year, a certain amount of bond financing is approved to fund the Capital Improvement Program (CIP) and Grants in Aid (GIA). The amount that can be borrowed for these projects is limited by a debt servicing formula. The 2017 State Budget includes nearly one billion dollars in CIP funding. This money goes to fund roadway projects, airport upgrades, new class rooms and all the other state priorities. A small portion of the CIP budget is allocated each year to support various non-profit organizations. In the Senate, each member submits a list of priorities for their respective district

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