Home / Education / Minnesota Schools Eye Bigger Share of Permanent Fund
Minnesota Schools Eye Bigger Share of Permanent Fund
30 Jun
Summary
- Permanent School Fund grew to $2.3 billion, more than doubling since 2010.
- Voters will decide on an amendment to increase school distributions.
- Increased funding could allow districts to hire additional teachers.
Voters across Minnesota will soon decide on a constitutional amendment concerning the Permanent School Fund. Established in 1858, this trust, funded by timber and mineral revenues, has seen significant growth, more than doubling its value to $2.3 billion as of 2025. If approved, the amendment would increase the percentage distributed to schools from the fund's earnings.
This proposed change could increase per-pupil funding by approximately 40%. School districts like Rochester Public Schools, which received $1.68 million in 2025, stand to benefit significantly. The Minnesota School Boards Association emphasizes the fund's permanent, stable, and flexible nature, allowing districts to address their specific needs, potentially including hiring additional teachers.
