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District warns of state budget shortfalls, urges permission to seek more local funding
Summary
Minnetonka finance director Paul Bourgeois briefed the board on a worsening state fiscal outlook, citing large projected structural shortfalls that could force program reductions; the district is pressing for more local optional revenue authority and continued community advocacy.
Paul Bourgeois, executive director of finance and operations for Minnetonka Public Schools, told the board the state faces a multibillion-dollar structural budget imbalance and outlined the potential local impacts on district programming and staff.
Bourgeois said the state Department of Management and Budget projects a structural imbalance of roughly $3.3 billion for fiscal 2026-27 and about $6.5 billion for fiscal 2028-29; he told the board those figures reflect a statewide shortfall that will make it difficult for K-12 funding to keep pace with inflation and salary pressures. He compared the…
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