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Minneapolis, MN
The Permanent School Fund amendment comes with a big “what if?” What if a future legislature wants to change the payout rate? A proposed supermajority guardrail was on the table, but was stripped out in conference committee.
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Past light rail projects have faced cost overruns and funding gaps. Now, as Minnesota debates another multibillion-dollar project, critics are being told that failing to fund it is an issue of racism.
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“Free money” sounds appealing. But what accountability measures would ensure that Permanent School Fund dollars are spent meaningfully?
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Minneapolis Public Schools is nearly $40M in debt, 61% of its buildings are underused, and 6 sit boarded up and empty, still costing taxpayers every year. After 3 years of talk, the district just unveiled 3 consolidation plans. Read the whole story at the link in bio.
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