MARSHALL, Minn. — Minnesota voters will decide on a proposed constitutional amendment to increase funding for public school districts in the November 3 general election.
The amendment would change how the state manages and distributes money from the permanent school fund, which supports school districts without raising individual income or property taxes.
If approved, the fund would be managed as a long-term financial resource for school districts, with annual distributions designed to preserve its purchasing power while balancing the needs of current and future beneficiaries. The proposal would also allow reasonable administrative costs associated with managing the fund and school trust lands to be paid from the fund.
Related legislation would set annual distributions at 4.5% of the fund’s average net asset value over the previous three fiscal years. The changes would take effect July 1, 2027, for school aid payable in fiscal year 2028.
The ballot question asks voters whether the Minnesota Constitution should be amended to increase funding to all school districts from the permanent school fund.
Voters can vote yes or no. Under Minnesota law, failing to vote on the amendment has the same effect as voting no.
