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Newberg SD 29J financial update shows modest positive balance; board approves budget calendar, contract extensions and three budget‑committee appointments
Summary
Finance director reported a projected Nov. 30 ending fund balance of about $786,000 but forecasted a $266,000 potential overage that will likely require a supplemental budget in Jan/Feb. The board adopted the 2025–26 budget calendar, approved two contract increases and appointed three budget committee members (two appointments had single 'nay' votes in roll calls).
The Newberg School District 29J board received a financial update Dec. 10 that showed a projected positive ending general‑fund balance of approximately $786,000 as of Nov. 30, but officials said they will likely bring a supplemental budget in January or February to cover estimated overages.
Galen, the district finance presenter, told trustees the November projection was down from September due to modest expenditure increases and revenue timing; he is projecting expenditures to exceed the current appropriated budget by roughly $266,000 in object categories including salaries and purchased services unless spending is…
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