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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