Minnesota Voters Approve Constitutional Amendment Boosting School Funding
What happened
Minnesota voters approved a constitutional amendment on November 4, 2026, which increases the revenue schools receive from the Permanent School Fund. The amendment changes the distribution method from 2% to 2.5% of annual dividends and interest to 4.5% of the fund’s three-year rolling average value. This increased funding is set to begin distribution to schools in July 2027.
From grandforksherald.com
Why it matters
The Permanent School Fund, which totaled $2.4 billion by 2025, will now allocate a larger share of its assets to districts. This change increases the per-pupil funding from $68 in 2025 to $101, assuming the amendment was active. The amendment changes state policy regarding education funding.
From grandforksherald.com
Who's involved
- MinnesotaState where the constitutional amendment was approved
- RochesterCity where the constitutional amendment was approved
- Rochester Lourdes High SchoolSchool district that will receive increased revenue
- Olmsted CountyCounty where the city and school are located
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Rochester Lourdes High SchoolSpeculative
Rochester Lourdes High School could see increased revenue for the district.