With the Minneapolis Public Schools District facing a $25 million shorfall in the next school year, the finance department presented a preliminary budget proposal March 15.
Among the changes called for in the proposal was the cutting of 50 staff members at the central office, the addition or 12 English as a Second Language teachers, reduction of full-day kindergarden at some schools and the shifting of funds between different accounts.
As far as where the district gets its money, there are a variety of revenue streams including local property taxes, the State of Minnesota and the federal government.
The majority of the funds come from the state. Attached to this article is a PDF that breaks down of all the funding sources for Minneapolis schools. The information was provided by the district on its website.
- Resource: Understanding Property Tax Levies
- Resource: What is a District's 'General Fund' Balance?
- Resource: Minneapolis Schools Budget Challenges and Risks
Other related articles:
- Why Is the School District Drastically Cutting Local School Budgets?
- What Could Your School Lose?
- Parents Ring Alarm Bells Over "Catastrophic" Schools Cuts