The Iron Range Resources & Rehabilitation reports their budget for 2027; it includes funding for infrastructure, which includes broadband.
Fiscal Year 2027 Budget
The FY27 IRRR budget was approved. The $77 million investment strategy exemplifies IRRR’s unwavering commitment to fostering a more prosperous living and working environment in the Taconite Assistance Area. Strategic priorities and funding include:
- Improve conditions for economic growth with $31 million of resources in community and workforce development. Funds include a $6 million program to promote the preservation, rehabilitation and investment in regional housing stock and neighborhoods with a focus on construction of new homes and/or apartment buildings.
- Support public works infrastructure, broadband and business and industry with spending of $19 million. Infrastructure funding assists communities in modernizing, redeveloping and replacing foundational assets in order to attract business investments and expansion.
- Invest funds in natural and recreational assets, Giants Ridge and regional trails to generate diversification and economic impact while contributing to the quality of life in the region.
- Produce a fiscally sound spending plan that includes reserve funds for unforeseen future needs.