This November, Minnesota voters will consider a constitutional amendment related to the Permanent School Fund, a resource that has supported public education since Minnesota became a state in 1858.
This question appears on the ballot: Shall the Minnesota Constitution be amended to increase the funding going to all school districts from the permanent school fund, which is a fund that supports school districts without raising individual income or property taxes, effective July 1, 2027?
Here are a few key facts:
The amendment, if approved, increases revenue to schools.
St. Francis Area Schools would receive approximately $130,000 annually to fund school operations.
The proposed amendment does not raise property taxes, income taxes, sales taxes, or any other tax..
Citizens need to vote to approve the constitutional amendment. Not voting on the question is counted the same as a “no” vote.
The recommendation came from a nonpartisan task force and received bipartisan legislative support.
The Permanent School Fund already exists and currently supports public schools throughout Minnesota.
The fund remains dedicated to supporting public education.
The fund has grown to more than $2.3 billion through revenue generated from school trust lands and investment earnings.
The proposal is designed to help today's students benefit while preserving the fund for future generations.
Learn More: To learn more about the Permanent School Fund amendment, watch the video below or visit www.mnPSFamendment.org , which includes frequently asked questions, background information, and voter resources.