St. Paul Public Schools gets $52 million more state aid next year, yet budget hole remains
May 30, 2023
The state's newly minted education finance bill hit a number of sweet spots for St. Paul Public Schools: $52 million worth of new money for the 2023-24 school year alone.
Yet the state's second-largest district is projected to still come up short on the budget front, requiring it to use rainy-day funds to fill a looming deficit.
Enrollment again is tumbling, contract costs are certain to rise, positions funded previously by federal COVID-relief money now will be covered through the general fund. New investments are in the works, too, including a recently announced East African magnet school.