I wanted to provide an update on our school’s financial situation.
As previously communicated, Triton is working with the Minnesota Department of Education to develop a Special Operating Plan. This is required for school districts identified as being in Statutory Operating Debt (SOD), which occurs when a district’s unassigned fund balance falls below -2.5%.
Based on our 2024-25 audit, Triton’s unassigned fund balance was -3.49%.