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Board holds first reading of FY2026-27 operating and capital budgets
Summary
The Minneapolis Board of Education received first readings of the proposed operating budget (2026-0036) and capital plan and budget (2026-0038, 2026-0039) on May 12, 2026; no adoption or vote occurred on those items at this meeting.
The Minneapolis Board of Education on May 12 held first readings of the Proposed Fiscal Year 2026-2027 operating budget (2026-0036) and the Proposed Fiscal Year 2026-2027 Capital Plan and Budget (2026-0038 and 2026-0039). The materials were presented as informational items; the minutes state these were first readings only and no action was taken.
Superintendent Dr. Lisa Sayles-Adams and staff led the presentations, which the minutes list under the superintendent's update and related facility and transformation items. The board did not vote to adopt the budgets at the May 12 meeting; the first-reading status means the proposals will return for further consideration in a future meeting or the formal budget adoption process.
