Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Minneapolis schools back in a big budget hole with a $19.6 million deficit


December 12, 2019

Leila Navidi - Star Tribune file – Star Tribune

"Over the past two years we have been setting money aside in the assigned fund balance because we knew in the future we would have a budget gap," district Chief Finance Officer Ibrahima Diop said.

The Minneapolis school district is back in a deep and familiar hole: It's facing a $19.6 million budget deficit for the 2020-21 school year.

District leaders are attributing the projected gap largely to declining enrollment and revenue that hasn't kept up with inflation and rising operating costs.


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