{"id":246,"date":"2026-10-28T11:22:21","date_gmt":"2026-10-28T16:22:21","guid":{"rendered":"https:\/\/lwvmankatoarea.org\/?page_id=246"},"modified":"2026-10-28T12:34:17","modified_gmt":"2026-10-28T17:34:17","slug":"2026-proposed-constitutional-amendment","status":"publish","type":"page","link":"https:\/\/lwvmankatoarea.org\/?page_id=246","title":{"rendered":"2026 Proposed Constitutional Amendment"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"409\" src=\"https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/09\/Constitutional-Amendment-graphis-1024x409.png\" alt=\"2026 Proposed Constitutional Amendment\" class=\"wp-image-187\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">ThePermanent School Fund Constitutional Amendment Ballot Measure will be on Minnesotans\u2019 ballot during the November 3 General Election.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On November 3, Minnesota voters will vote on a constitutional amendment to modernize how Minnesota\u2019s Permanent School Fund supports students, schools, and communities.&nbsp; The constitutional amendment was approved by the Minnesota Legislature during its 2026 session with <strong>strong bipartisan support<\/strong>.&nbsp; A majority of Minnesota voters must vote \u201cyes\u201d for it to be adopted.<\/p>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/10\/Permanent-School-Fund-Constitutional-Amendment.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of Permanent School Fund Constitutional Amendment.\"><\/object><a id=\"wp-block-file--media-15805473-37b3-4fd3-9655-9ba9a2c11690\" href=\"https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/10\/Permanent-School-Fund-Constitutional-Amendment.pdf\">Permanent School Fund Constitutional Amendment<\/a><a href=\"https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/10\/Permanent-School-Fund-Constitutional-Amendment.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-15805473-37b3-4fd3-9655-9ba9a2c11690\">Download<\/a><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <strong>Permanent School Fund<\/strong> is a permanent state trust fund established in 1858 that generates revenue to support Minnesota public school districts, charter schools, and tribal schools.<\/li>\n\n\n\n<li>It gathers income from natural resource activities on school trust lands\u2014such as mining, timber sales, and land leases\u2014managed by the state.<\/li>\n\n\n\n<li>The fund has grown significantly from approximately $675 million in 2010 to more than $2.3 billion today.<\/li>\n\n\n\n<li>Currently, distributions are limited to net interest and earnings (roughly 2% to 2.5% of the fund&#8217;s value).<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What it changes:<\/strong>&nbsp;<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The amendment increases funds to schools on an updated formula allowing an annual payout of <strong>4.5% of the fund\u2019s rolling three-year average market value<\/strong>, effective July 1, 2027.<\/li>\n\n\n\n<li><strong>Tax Impact:<\/strong> It <strong>does not raise<\/strong> property, income, or sales taxes.<\/li>\n\n\n\n<li>It will only change how the existing fund is managed and how distributions to schools are calculated. Because this measure would amend the Minnesota Constitution, <strong>it requires approval from a majority of all voters.<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In the video linked below, <a href=\"https:\/\/www.youtube.com\/watch?v=6RYupXCHntU\">Denise Dittrick and Kimberley Dunn Lewis from the MN School Boards Association present nonpartisan information regarding this ballot measure<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.youtube.com\/watch?v=6RYupXCHntU\">https:\/\/www.youtube.com\/watch?v=6RYupXCHntU<\/a><\/p>\n\n\n\n<figure class=\"wp-block-embed is-provider-youtube wp-block-embed-youtube\"><div class=\"wp-block-embed__wrapper\">\nhttps:\/\/www.youtube.com\/watch?v=6RYupXCHntU\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"400\" src=\"https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/09\/Constitution-QR-code.png\" alt=\"Constitutional Amendment QR code\" class=\"wp-image-188\" srcset=\"https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/09\/Constitution-QR-code.png 400w, https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/09\/Constitution-QR-code-150x150.png 150w, https:\/\/lwvmankatoarea.org\/wp-content\/uploads\/2026\/09\/Constitution-QR-code-300x300.png 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>ThePermanent School Fund Constitutional Amendment Ballot Measure will be on Minnesotans\u2019 ballot during the November 3 General Election. On November 3, Minnesota voters will vote on a constitutional amendment to modernize how Minnesota\u2019s Permanent School Fund supports students, schools, and communities.&nbsp; The constitutional amendment was approved by the Minnesota Legislature during its 2026 session with [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":257,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-246","page","type-page","status-publish","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"description\" content=\"ThePermanent School Fund Constitutional Amendment Ballot Measure will be on Minnesotans\u2019 ballot during the November 3 General Election. On November 3, Minnesota voters will vote on a constitutional amendment to modernize how Minnesota\u2019s Permanent School Fund supports students, schools, and communities. 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