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Page 79 of Duluth's proposal for the State's Review and Comment

This is the truth about the cost of the Red Plan. This is Page 79 from the Duluth School District's presentation for
the review and comment as it was sent into the Minnesota Department of Education.

In the bottom right cell is the figure $437 million. This is the total cost of the Red Plan. According to the School District it 
has since been reduced to $407 million as a result of "interest reductions."

If you care about Duluth and its schools 
don't put your faith in the Duluth News Tribune. 
The last word on the Red Plan can be found on Harry Welty's blog:
  www.lincolndemocrat.com
And if you're looking for some particular piece of information use the blog's search function.
You never can tell what you'll find.