What is the Building Bond Referendum?

Based on recommendations of the Facilities Task Force composed of district residents, business owners, parents, school administrators, teachers and staff. The School Board unanimously voted to place an $85 million Building Bond Referendum on the November ballot—the District's first building bond request in 29 years. If approved, the building bond would fund critical upgrades without a net tax increase for residents. As older bonds expire and new ones are issued, the restructuring would keep the tax impact neutral.

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Zero Net Tax Increase

The bond payments would be structured in a way that as older bonds expire and new bonds are issued which would keep the tax impact neutral. Minnetonka Public Schools believes responsible and prudent fiscal stewardship is the best way to serve the community.

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Community-Led Task Force

The Task Force was composed of District residents, business owners, parents, school administrators, teachers and staff. From mid-April 2024 through mid-October 2024, the Task Force toured and reviewed each school and district building and presented the school board with a set of recommendations.

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District-Wide Safety Upgrades

All schools will receive improvements to safety and security. Most schools will also receive new small-group instructional spaces and additional restrooms.

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Building-Specific Upgrades

Deephaven Elementary will receive a gym to match the other five elementary schools. Middle Schools receive additional science classrooms, flexible, multi-use instructional spaces including gym and performance spaces. Minnetonka High School will see a redesigned counseling center and expanded cafeteria space