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District finance report warns of $3 million drop in equalization aid and uncertain federal grants

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Summary

Eric Wilson, director of finance and facilities, told the board the district expects about a $3,000,000 decrease in state equalization aid for 2025–26 and that some federal grants supporting ELL and after‑school programs are currently on hold.

Eric Wilson, director of finance and facilities for Norfolk Public Schools, told the board the consent agenda included claims and then outlined budget issues the district expects as it closes FY2024–25 and plans for 2025–26.

Wilson listed claims by fund: general fund $780,429.58; nutrition fund $27,442.16; subsidiary fund $14,340.05; special building fund $300 (amount appears truncated in the record); senior high activity fund $30,975.87; junior high activity fund $13,397.24; student fee fund $9,021.55. He said these claims had been reviewed earlier by the finance and facilities…

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