Minneapolis Public Schools is again facing a troubling, yet familiar, prediction about the district’s finances: The budget will remain burdened by falling enrollment and revenue that can’t keep pace with operating costs.
The rollout of the controversial district redesign, combined with concerns over distance learning during the pandemic, have exacerbated the decline in enrollment — a pattern that five-year projections show will continue over the next few years. Assuming the plan is fully implemented, enrollment may start ticking back up by the 2025-2026 school year, district officials said.
“Our analysis finds that, regardless of whether the [redesign] succeeds, the district is burdened by an unsustainable fiscal structure,” read the report, which will be presented to the school board Tuesday.
The board will also consider the certification of the 2021 property tax levy at its Tuesday meeting. The recommended levy of $224 million, down about 3.8% from 2020, is the maximum