# MPS’s $21M Accounting Mistake. Plus, the Future of MN Weed Page: https://stenobird.com/podcast/city-cast-twin-cities-7539282/mps-s-21m-accounting-mistake-plus-the-future-of-mn-weed Text version: https://stenobird.com/podcast/city-cast-twin-cities-7539282/mps-s-21m-accounting-mistake-plus-the-future-of-mn-weed.md Podcast: [City Cast Twin Cities](https://stenobird.com/podcast/city-cast-twin-cities-7539282) Published: 2026-05-07T08:00:00+00:00 Episode link: https://traffic.megaphone.fm/CC6356602638.mp3?updated=1778114863 Audio file: https://traffic.megaphone.fm/CC6356602638.mp3?updated=1778114863 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/city-cast-twin-cities-7539282/episodes/mps-s-21m-accounting-mistake-plus-the-future-of-mn-weed Duration seconds: 2238 ## Resource 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 ⁠⁠⁠⁠twincities@citycast.fm⁠⁠⁠⁠. 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. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/city-cast-twin-cities-7539282/episodes/mps-s-21m-accounting-mistake-plus-the-future-of-mn-weed/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/city-cast-twin-cities-7539282/mps-s-21m-accounting-mistake-plus-the-future-of-mn-weed.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.