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MPS grant list shows MDE and multiple partners funding district programs; MDE grants account for the largest single budgeted grant
Summary
The Finance packet lists grant sponsors and YTD expenditures; the Minnesota Department of Education is recorded with a current grant budget of roughly $63.0 million and $7.25 million in current expenditures (Sept) rising to $12.2 million (Oct) in the packet.
The Finance Committee packet includes a grants table showing multiple sponsor relationships and YTD expenditures. The packet lists the Minnesota Department of Education with a current grant budget of $63,005,459 and $7,249,595 in current expenditures for the month-ended Sept. 30 table; the October update lists a MDE current grant budget of $62,976,577 and $12,217,080 in current expenditures YTD.
Other grant sponsors named in the packet include YMCA, Wells Fargo, US Department of Education, University of Minnesota, Minneapolis Foundation and many federal, state and philanthropic funders. The packet provides line-item YTD expenditure figures for each sponsor and notes that grant awards and expenditures are tracked across operating and non-operating funds.
