Mankato Area Public Schools Shares Information About Permanent School Fund Amendment - Radio Mankato

Mankato Area Public Schools Shares Information About Permanent School Fund Amendment - Radio Mankato

Minnesota voters will consider a proposed constitutional amendment related to the state’s Permanent School Fund during the Nov. 3 general election. The Permanent School Fund dates back to Minnesota’s statehood in 1858, when public lands were set aside to generate revenue for public education. Revenue from school trust lands, including timber, mining, leases and other natural

Constitutional amendment would boost school funding - The Timberjay

REGIONAL— This fall, an amendment to Minnesota’s constitution is on the ballot, seeking to increase the annual distribution from the Permanent School Fund from 2.5 percent to 4.5 percent. The change would send more money to schools around the state, using investment proceeds from the state’s school trust. The trust has grown over the decades, both from investments as well as annual revenues generated through the management of the school trust la…