Minneapolis Public Schools to Face ‘Impending Fiscal Crisis’ in Five Years

Minneapolis Public Schools is headed for an “impending fiscal crisis” within five years because of continued dropping enrollment, despite the federal government giving it $261 million in COVID relief.

Senior Financial Officer Ibrahima Diop said in a Nov. 29 memo to Interim Superintendent Rochelle Cox that the school “anticipates fully depleting the general fund balance during the 2024-25 school year, and quickly descending into statutory operating debt.”

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