Article #1 in a Series >>>>> >Understanding the Minneapolis Public Schools: Current Condition, Future Prospect >>>>> Factual Updates

Minneapolis Public Schools

Proposed

2023- 2024 Budget

Revenue        Expenditure    Fund           Change in

                                                Transfers    Fund Balance

…………………………………………………………………………....

General         

Operating

Fund

$502,211,774   $542,498,449   

                                          ($4,332,050)  ($40,286,676)

…………………………………………………………………………...

General          

Fund

Federal

COVID-19

Emergency

Funds

 $86,094,754      $86,094,754             $0                     $0

………………………………………………………………………......

General           

Grants

Fund

 $50,000,000     $50,000,000             $0                   $0

……………………………………………………………………………

General           

Fund

Special

Revenue

$10,000,000     $10,000,000             $0                     $0

……………………………………………………………………………………………………………………………………………………………

Food                

Service

Fund

 $22,487,000    $26,819,050      ($4,332,050)          $0

…………………………………………………………………………....

Community    

Service

Fund

$25,830,200    $29,847,550             $0            ($4,017,350)

……………………………………………………………………………

Community     

Service

Fund

Federal

COVID-19

Emergency

Funds

$2,948,877    $2,948,877                  $0                     $0

………………………………………………………………………

Community     

Service       

Fund

Grants

$3,468,877    $2,948,881                  $0                     $0

……………………………………………………………………...

Capital          

Projects

Fund

$83,908,725   $132,847,550      $0       ($48,093,403)  

………………………………………………………........................

Debt              

Service

Fund

$92,947,294       $92,947,294          $0                     $0

…………………………………………………………………...........

Total        

$879,447,504    $976,176,983         $0      ($96,729,479)