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Mahtomedi board hears midyear budget update as ESSER funds wind down
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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