Minneapolis Schools Face $33M Deficit After City Paid $500M for NFL Stadium

Minneapolis Schools Face $33M Deficit After City Paid $500M for NFL Stadium:
"Teachers and staff of Minneapolis schools are expecting hundreds of layoffs due to a $33 million deficit only a few years after the city completed a taxpayer-funded $1.1 billion football stadium.

Minneapolis Public Schools — the state’s third largest district currently tasked with educating 36,000 young people — is expected to lay off 350-400 full time employees after last fall’s announcement that the education budget’s deficit had doubled for the following school year.
Teachers of many subjects are on the chopping block, including English and Math.
Social workers in charge of shepherding troubled students and security guards meant to provide protection during an event such as a mass shooting are also expected to be cut.
...Meanwhile, the taxpayer-funded US Bank Stadium hosted its first Super Bowl last month, with billionaire real estate tycoon and Vikings owner Zygi Wilf expected to reap $200 million from the new stadium each year in personal profits.
The city of Minneapolis budgeted a whopping $498 million of taxpayer money to aid in the construction of the stadium, as well as to the destruction of the Hubert H. Humphrey Metrodome, which the new stadium replaced..."
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