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Endorsement: Vote yes with confidence for more school funding
The amendment would raise annual school fund payouts from 2.5% to 4.5%, which analysts said would have added $28 million in 2025.
- On November 3, Minnesota voters will decide on a constitutional amendment to modernize the Permanent School Fund's distribution process by shifting to full market-value payouts.
- The Permanent School Fund Task Force, created by the Legislature in 2024, found the 168-year-old distribution process "archaic," prompting modernization efforts led by task force member Denise Dittrich of the Minnesota School Boards Association.
- Minnesota's outdated method cost students $28 million in 2025; had these changes been in place, distributions would have reached $86 million instead of $58.6 million, yielding $33 more per student.
- Republican Rep. Spencer Igo and DFL Sen. Mary Kunesh authored the legislation, with Kunesh stating the funding boost is "not chump change" for protecting teachers and school programs across districts.
- Officials emphasized the amendment strengthens guardrails to ensure funds remain available in perpetuity without draining the principal; voters should note that leaving the ballot measure blank counts as a vote in opposition.
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Duluth News Tribune+15 Reposted by 15 other sources
Endorsement: Vote yes with confidence for more school funding
This sounds too good to be true: More money for public education, at no new or additional cost to taxpayers, and without draining the principal of the funding source, the Minnesota Permanent School Fund. But it is true. “You can actually trust (it),” Rep. Spencer Igo of Wabana Township told a Forum News Service reporter earlier this month. He’s the Republican author of a bill in the House that helped put a constitutional amendment on the Nov. 3 …
·Cherokee County, United States
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Total News Sources16
Leaning Left0Leaning Right6Center8Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
C 57%
R 43%
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