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Mahtomedi board hears midyear budget update as ESSER funds wind down

Mahtomedi Public School District Board of Education · January 27, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Jan. 26 meeting the Mahtomedi Public School District board received a midyear financial report showing overall revenues and expenditures tracking near budget, noted the end of ESSER/COVID aid and its effect on federal revenue, and discussed impacts of a settled teachers contract and unemployment benefit changes.

The Mahtomedi Public School District Board of Education on Jan. 26 received a midyear financial report showing the district’s finances generally tracking close to the approved fiscal‑year 2026 budget, while federal COVID relief (ESSER) funding has largely ended.

Finance staff presented a comparative view of 2024–25 actuals and the FY26 budget and explained that federal revenue fell from roughly $1.8 million to about $800,000 as ESSER disbursements concluded. The presenter…

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