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Norfolk schools forecast $3—2.5 million drop in state aid; board warned of uncertainty
3293617 · May 14, 2025
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Summary
District staff told the board TEOSA state aid may fall by roughly $3—.5 million next year because higher local valuations change state aid formulas; final figures depend on legislative action and county valuations.
District finance staff told the Norfolk Board of Education the district expects a material decrease in next year's state aid under TEOSA because of recent increases in property valuations.
"We are currently working on the 2025-26 budget," said Mr. Wilson, district staff member. He told the board the state views the district's local…
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