Minnesota special districts report $5.4B debt as federal aid declines
Special districts in Minnesota reported $5.4 billion in long-term debt in 2023 and are relying more on state funding as pandemic federal aid wanes.
A Center Square report found Minnesota's special districts carried $5.4 billion in outstanding long-term debt in 2023. As pandemic-era federal aid declined, these districts increasingly turned to state funding to cover costs.