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Red Wing schools project $1.71 million shortfall; board debates cuts, fund-balance use
Summary
District administrators reported a projected $1.71 million budget deficit for FY 2026 and proposed using a combination of anticipated surpluses and existing fund balance to reduce the gap, prompting board debate over whether to prioritize cuts or preserve reserves.
The Red Wing Public School District reported a projected $1,710,000 deficit for the upcoming fiscal year and laid out options the district plans to pursue to balance the budget, sparking extended discussion at the March 24 school board meeting.
District administrators told the board they now estimate anticipated revenues of about $39,172,000 against anticipated expenditures of about $40,872,000, leaving a deficit near $1.71 million. Administrators said they expect a surplus of approximately $500,000 in the current fiscal year and recommended using that surplus plus $500,000 of the district’s existing unassigned fund balance to reduce the projected shortfall to roughly $700,000.
“At this point, it appears, and we're actually quite confident, that we are going to end up with a surplus in the current fiscal year that's going to be around $500,000,” the superintendent said while outlining…
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