Officials at Minneapolis Public Schools (MPS) are facing financial questions regarding a recent “accounting maneuver” that yielded $10.8 million in “surprise revenue,” according to reports.
Despite holding a press conference, which the Minnesota Reformer described as a rare occurrence, the district’s administration answered only four questions and remained tight-lipped on others.
“Unanswered: Why the district went years without making a similar accounting adjustment, thus potentially costing tens of millions of dollars over the years, or how the district’s finance department became so chaotic and dysfunctional in recent years,” Melissa Whitler wrote.
MPS has already come under scrutiny for a series of financially questionable actions, including a failure to report withholding almost $3 million from an employee health care account.
