In past blogs, we've discussed Minnesota's growing special education deficit. In our last post, we displayed an MDE chart that makes the point that Minnesota's basic funding formula is losing ground to inflation. These two charts, must be considered together, to get a more accurate understanding of what is happening to school districts. As the special education deficit grows, districts must take more and more money out of their other revenue sources. So, the basic funding formula is lowing ground to inflation, but at the same time, more and more funds are pulled out of basic formula money to help cover the growing special education deficit.
Why are so many school districts announcing deficits? And what are the consequences?
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