It’s a little-known source of major school funding.
The Iron Ore Alliance is pleased to share that Minntac and Keetac operations provided $22.7 million of the approximately $33 million that went to Minnesota’s permanent school fund in 2018. Money from the fund is distributed to Minnesota’s 337 public school districts based on student population.
Special thanks to Rep. Rob Ecklund for authoring a column about the history and impact of this fund that was published in the Mesabi Daily News last week. U. S. Steel’s Minnesota Ore Operations is proud to be major contributor to this fund that helps schools across the state.