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Minneapolis schools proposed budget is balanced with federal funds But Mpls. board did not include funding from the American Rescue Plan. May 11, 2021 10:16pm Text size Copy shortlink:
The Minneapolis school board on Tuesday night reviewed a proposed budget for next year, the first year the district s sweeping comprehensive redesign will take effect. The board will vote on the proposal in June.
Minneapolis Public Schools 2021-2022 proposed budget projects $890 million in revenue and $935 million in expenses and is balanced using money from the second round of federal Elementary and Secondary School Emergency Relief funds. The proposed budget does not include federal money coming to the district from the American Rescue Plan Act, which has not been awarded. Those additional funds can be added in with a board-approved budget amendment and could put next year s budget over $1 billion.