A posting for superintendent of Minneapolis Public Schools will soon go up on education job sites around the country.
When it does, there will be no tougher job on offer in Minnesota.
The MPS school board is trying to cope with the pending disappearance of a huge revenue source while trying to find a new leader who can take the heat when big cuts will likely have to be made.
With the ending of pandemic-related federal aid, the district's chief financial officer warned last November that MPS will plunge into insolvency next year.
That may force the district to seek a bailout from the Legislature, something that could happen just when voters are starting to think about the 2024 election. The district's importance for the reputation of the city and state would be thrust into the spotlight.
On Tuesday evening, the board approved a budget relying on federal emergency grants for more than $90 million — or 12% of its $753 million in operating revenue — for the 2024 fiscal year starting July 1.
Legislators this spring distributed more money to school districts, but for MPS this upcoming year that amounts to around $35 million. It will need considerably more when the federal aid dries up in the 2025 fiscal year.
More likely, the district will need to make tens of millions of dollars in expense cuts. That could involve closing schools and laying off people.