MPS’s $21M Accounting Mistake. Plus, the Future of MN Weed

Minneapolis Public Schools mysteriously "found" $21 million during a $50 million budget crisis, but deeper financial chaos reveals years of mismanagement, missing healthcare funds, and IRS penalties. We explore the district's struggles with federal cannabis regulations threatening local hemp businesses, and highlight the upcoming Riot Mom Art and Self Care Festival on St. Paul's West Side. Learn more about the topics discussed in today's episode: ⁠⁠⁠⁠Riot Mom Art & Self Care Fest⁠⁠⁠⁠ ⁠⁠⁠⁠Backpocket Vintage⁠⁠⁠⁠ ⁠⁠⁠⁠Budget update: Special education revenue⁠⁠⁠⁠ (Minneapolis Public Schools) ⁠⁠⁠⁠IRS penalties, blistering external audit, mysterious deficit: Chaos in the finance department of Minneapolis Public Schools⁠⁠⁠⁠ (Racket MN) ⁠⁠⁠⁠Minneapolis Public Schools paid $5.3 million in tax penalties in past four years⁠⁠⁠⁠ (Minnesota Reformer) ⁠⁠⁠⁠The Future of MN’s Weed Biz Is Looking Good—Unless the Feds Kill It All⁠⁠⁠⁠ (Racket) ⁠⁠⁠⁠Become a City Cast Twin Cities Neighbor⁠⁠⁠⁠ Learn more about the sponsors of this May 7th episode: ⁠⁠⁠⁠Ordway Center for the Performing Arts⁠⁠⁠⁠ Want to get in touch? Follow us @CityCastTwinCities on ⁠⁠⁠⁠Instagram⁠⁠⁠⁠, or email us at ⁠⁠⁠⁠[email protected]⁠⁠⁠⁠. You can also call or text us at 612-217-0637. For more Twin Cities news, make sure to sign up for our morning newsletter, City Cast Twin Cities. Looking to advertise on City Cast Twin Cities? Check out our options for podcast and newsletter ads at ⁠⁠⁠⁠citycast.fm/advertise⁠⁠⁠⁠.