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Brainerd board backs resolution to seek $1 million transfer from construction fund to cover shortfall
Summary
Board members agreed to prepare a resolution asking the legislative delegation to carry a bill to transfer $1,000,000 of construction-fund interest earnings to the general fund to reduce a projected compensatory revenue shortfall; one member said he would oppose the move.
The Brainerd Public School District board agreed at a workshop Feb. 19 to prepare a resolution supporting legislation to transfer $1,000,000 from the district's school building/construction fund into the general fund to help offset a projected drop in compensatory revenue.
District staff presented new projections showing fiscal-year 2026 compensatory revenue could fall as much as $1,300,000 from earlier estimates; staff said that change, together with a tight legislative calendar, prompted the request to have the district's legislative delegation carry a one-time transfer. Director Ward moved that the…
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