Minneapolis Board of Education - Finance Committee
Minneapolis Board of Education1250 W Broadway Ave, Minneapolis, Minnesota 55411, Minneapolis 55411 (Directions)
The finance committee received a draft five-year forecast that indicated the district would have a $371 million shortfall in five years if nothing is done. The school board is just beginning its budget process for the 2026-27 fiscal year.
Agency Information
Minneapolis Board of Education
See meeting notes for details
The Minneapolis Board of Education, or School Board, is the elected body responsible for governing finances and policies, establishing and monitoring the strategic direction and goals, and hiring and evaluating the district’s superintendent, who serves as the district’s chief executive.
The School Board is comprised of nine directors, elected by Minneapolis voters, and two student representatives who are appointed. The superintendent also serves as an ex-officio member of the board. Board members serve four-year terms, beginning in January after being elected in November. Each year in January, the school board selects its leadership, which includes a chair, vice-chair, clerk, and treasurer.