The Minnetonka Schools Board held a study session and special meeting on September 25, 2025, focusing on key updates regarding financial reporting and remote participation in board meetings.

During the meeting, the board reviewed the financial report, highlighting the district's impressive achievement of receiving the Excellence in Financial Reporting Award for 30 consecutive years. The financial team also noted that Minnetonka Schools holds a rare triple bond rating from Moody's, indicating exceptional creditworthiness. Despite receiving $232 less per student than the state average and approximately $1,740 less than the average of comparable districts, the board emphasized their ability to maintain high-quality education and hire excellent teachers, largely thanks to community support.

The meeting also included a discussion on a proposed policy regarding remote access to board meetings. Superintendent Law explained that recent legislative changes allow for remote participation under certain conditions. The proposed policy aims to ensure accountability and transparency while recognizing that in-person attendance is preferred. Board members can now participate remotely if necessary, provided they can be seen and heard during discussions. However, the board agreed that remote attendance would not be required for study sessions, which are less formal than regular meetings.

The board members engaged in a thorough discussion about the implications of the new policy, including the need for clarity on remote participation expectations during study sessions. They considered the importance of full participation and the potential need to accommodate board members who may be traveling or unable to attend in person.

In conclusion, the meeting underscored the district's commitment to financial excellence and adapting to new legislative guidelines for board meetings. The proposed policy will be reviewed further and is set to be included in the consent agenda for approval at the upcoming October 9 meeting.