Finance

Welcome to the budget, audit and other financial information and analysis of Eden Prairie School District 272. Also included within this site is information on who to contact, how to get involved and links to the Minnesota Department of Education's Finance page for comparisons of all Minnesota School Districts.

Reporting

Annual Budget Reports

District Revenues and Expenditures

MN School Finance Video - How Funding Works
Minnesota Dept of Education - Data Reports & Analytics

The Program Finance page provides information and analysis on K-12 and family and early childhood education funding, state aid entitlements, aid payments, and property tax levy limitations for local education agencies. Also included is information on fiscal management policies and accounting and reporting practices.

Financial Statements

Other Information

Public Access

This procedure was written in accordance with M.S 13.03 

Requests for data shall be directed to Brett Johnson, Director of Communications & Community Relations, who will direct the request to the proper department within the school district. 

Upon request, a person shall be permitted to inspect and request copies of public data during posted building hours. "Inspection" includes, but is not limited to, the visual inspection of paper and similar types of school district data. "Inspection" does not include the printing of copies by the school district, unless printing a copy is the only method to provide for the inspection of the data. Data must be inspected on site and copies must be picked up in person. The district will not mail data requests. 

A fee of 5 cents per page will be charged for the cost of copies not included under the definition of inspection. If the data is not readily available and must be created, compiled or researched, an hourly fee per person equal to the casual rate of pay will be charged.

All proceeds collected by the school district will be added to the general revenue account within the general fund.

Awards

ASBO Certificate of Excellence in Financial Reporting

Eden Prairie Schools is proud to announce it has once again received the Association of School Business Officials International’s (ASBO) Certificate of Excellence (COE) in Financial Reporting award. The COE award is conferred to school systems that have met or exceeded the stringent standards of the COE criteria. The district was recognized for its high-quality Comprehensive Annual Financial Report (CAFR) for the fiscal year ending 2017. The COE award confirms the school business office’s commitment to financial accountability and transparency.

ASBO, founded in 1910 is a professional association of more than 5,000 members that provides programs and services to promote the highest standards of school business management practices, professional growth, and the effective use of educational resources. Eden Prairie Schools has received this award for 18 consecutive years.

GFOA Certificate of Achievement for Excellence in Financial Reporting

Eden Prairie Schools is proud to announce it has received the Government Financial Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting. The district was recognized for its high-quality Comprehensive Annual Financial Report (CAFR) for the fiscal year ending 2017.This was the fourth year Eden Prairie Schools has applied for and received this certificate.

GFOA, founded in 1906, represents public finance officials throughout the United States and Canada. The association's more than 18,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA’'s mission is to enhance and promote the professional management of governmental financial resources by identifying, developing, and advancing fiscal strategies, policies, and practices for the public benefit. 

Citizen Finance Advisory Committee

Eden Prairie Schools is looking to grow its membership in this committee. Interested community members should contact Jason Mutzenberger, jmutzenberger@edenpr.org, 952-975-7072. 

Purpose: Click on the link at the bottom of the page for the purpose and commitment.
Accountability: To the Executive Director of Business Services
Membership: The Committee will consist of interested citizens who are appointed by the Executive Director of Business Services for three-year terms.

  • Citizens: Jeff Burke, Deb Sullivan, Heidi Nistler, Jim Scheible, Paul Laufer
  • District and Government Officials: Holly Link, School Board Member; Joel Knorr, Principal; Tom Baker, Teacher; Tammy Wilson, City of Eden Prairie; Nikki Johnson, Finance Coordinator; and Jason Mutzenberger, Executive Director of Business Services; Matt Hippen, Director of Finance

Meetings: To be held monthly (October-June) or as necessary

Tasks: 

  • Review 5-Year Financial Model and Assumptions
  • Review Audit Report
  • Review Levy Data
  • Review Budget
  • Receive Legislative Update
  • Review Quarterly Accountability Report

Tentative Agenda Items During the Year:

  • Quarterly Reports (September, December, March, June)
  • Review Current Levy (September)
  • Enrollment (October)
  • Review Audit Report (October)
  • Recommend 5-Year Model Parameters (December)
  • Review Current Budget Status (April)
  • 5-Year Budget Review (ongoing)


Advisory Committee Purpose & Commitment
Advisory Committee Application Form

Referenda History

Eden Prairie Schools, District 272
Referenda History in the 1980s/1990s/2000s

1. Levy Referendum, Sept. 28, 1982
Two Questions
A. Four mill increase in general fund offset by equal reduction in debt service levy.
Approved
B. Two mill permanent increase in general fund levy
Approved

2. Bond Referendum, Oct. 8, 1985
Amount: $7,900,000
Purpose: Build elementary school; acquire land for two more schools; replace heating/cooling system at an elementary; and continue development of athletic facilities at high school location
Approved

3. Bond Referendum, Oct. 6, 1987
Amount: $31,260,000
Purpose: Build elementary and intermediate school; build additions and remodel high school; build additions to middle school and kindergarten center; build high school stadium
Approved

4. Levy Referendum, May 31, 1989
Amount: 4.04 percent increase (approx. $2,000,000)
Purpose: Finance school district operations
Not approved

5. Levy Referendum, Nov. 7, 1989
Amount: 2.5 percent increase
Purpose: Finance school district operations
Approved

6. Bond Referendum, November 5, 1991
Amount: $28,600,000
Purpose: Build additions and remodel at Prairie View, Forest Hills, Oak Point, Central Middle School and Eden Prairie High School; help finance construction of new bus garage
Approved

7. Bond Referendum, January 11, 1994
Three Questions
A. Build additions at Eden Lake and Cedar Ridge Elementary Schools, $6,450,000
Approved
B. Technology improvements
Approved
C. Swimming pool addition at Oak Point Intermediate, $3,200,000
Approved

8. Bond Referendum, September 12, 1995
Four Questions
A. Build classroom addition at Eden Prairie High School, $20,000,000
Approved
B. Build activities center at Eden Prairie High School, $6,000,000
Not approved
C. Build performing arts center at Eden Prairie High School, $4,000,000
Approved
D. Technology improvements, $3,000,000
Approved

9. Bond Referendum, September 9, 1997
Two Questions
A. Build activities center, enlarge kitchen, building multipurpose room, $16,850,000
Approved
B. Upgrade technology, improve high school air quality, $7,500,000
Approved

10. Levy Referendum, November 2,1999
Amount: $3.4 million
Purpose: Finance school district operations
Approved

11. Levy Referendum, November 6, 2001
Two Questions
A: Revoke existing referendum revenue authorization of $573.87 per resident marginal cost pupil unit and replace that authorization with a new authorization that would increase its general education revenue by $988.87 per resident marginal cost pupil unit.
Not approved
B. Technology down payment levy - $2 to $3 million a year for seven years
Not approved

12. Bond Referendum, November 6, 2001
A. Deferred Maintenance; projects at every school, including replacing roofs, improving air quality, addressing security needs, upgrading aging boilers, repairing sidewalks and parking lots
Not approved
B. CMS flexible multipurpose space; improve traffic safety and flow at CKC/CMS site - $5,000,000
Not approved

13. Operating Levy Referendum, November 5, 2002
Amount: $3 million a year for seven years
Purpose: Finance school district operations
Approved
 

14.  Levy Referendum/Bond Issue, November 2, 2004

Two questions

A. Approval of Bond Issue And Capital Project Levy Authorization

Amount $20,000,000
Purpose: To provide funds for deferred maintenance
Amount $4,700,000
Purpose: To provide funds for technology
Approved
B. Referendum Revenue Authorization; Approval Of New Authorization
Amount $500,000
Purpose: To revoke existing referendum revenue authorization of $840.11 per resident marginal cost pupil unit and to replace that authorization with a new authorization that would increase its general education revenue by $263.51 per resident marginal cost pupil unit.

Approve


15. Levy Referendum, November 5, 2013
Two Questions
A. Revoke existing operating levy referendum revenue authorization of $1,306 per pupil unit and replace with a new authorization for $2,269 per pupil unit.
Not approved
B. Renew existing capital projects (technology) referendum revenue authorization at a 6.52845 percent tax rate for the next 10 years beginning with the 2015-16 school year.
Approved

16. Operating Referendum, November 4, 2014

Two Questions

A. Renew existing operating levy and increase the amount by $700 per pupil for the next 10 years.

Approved

B. Increase the district's operating levy by an additional $150 per pupil for the next 10 years.

Approved 

17. Bond Referendum May 14, 2019

Amount: $39,900,000

Purpose: Improve Safety and security across all schools; redesigning classrooms districtwide to support more flexible learning environments and personalized learning; build additions and remodel Central Middle School.

Approved

Student Accident Insurance

At a low cost, parents of children in pre-school (ages three and up) through grade 12, can purchase accident insurance coverage for those incidents that happen during the school day that cannot be helped (this does not include illnesses). There are three levels of coverage with options varying from school-time accident coverage, 24-hour accident coverage, football and 24-hour dental.

Below you will also find documents explaining benefits of coverage and special coverage you can get for certain sports/football.

Additional information and to sign-up for the insurance coverage can be found on the K-12 Student Insurance website.

Contact Us

Jason Mutzenberger
Executive Director of Business Services
JMutzenberger@edenpr.org
(952) 975-7072

Matt Hippen
Director of Finance
MHippen@edenpr.org
(952) 975-7074

Nikki Johnson
Finance Coordinator
Nicole_Johnson@edenpr.org 
(952) 975-7075