AUGUSTA, Maine (AP) - Democratic Maine Gov. Janet Mills is proposing a $239 million bond package to spur economic and workforce development, repair aging infrastructure and promote clean energy.
Under her proposal, $105 million in transportation funding, $65 million to support the environment and clean energy and $20 million in economic development funding would be put to voters in November. First, lawmakers would have to sign off.
Mills said the long-term borrowing would expand broadband, build a more skilled workforce, repair roads and bridges and welcome clean energy projects to create jobs and fight climate change.
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She announced the package on Tuesday at a news conference in which she was joined by State Treasurer Henry Beck and cabinet members. Beck says Moody’s Investors Service and Standard & Poor’s have affirmed Maine’s strong bond ratings.
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