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Red Wing school board approves 2026 levy of $10,220,164.29, a 1.61% decrease
Summary
The Red Wing Public School District board approved a Truth-in-Taxation levy of $10,220,164.29 for taxes payable 2026 — a 1.61% decrease driven primarily by lower enrollment — after a presentation on revenue, fund balances and budget projections.
The Red Wing Public School District board on Monday approved a Truth-in-Taxation levy of $10,220,164.29 for taxes payable in calendar year 2026, a 1.61% decrease from the prior year.
The board voted to adopt the specific dollar amount after a district presentation outlining the levy process, fund balances and the budget outlook. The finance presenter told the board that roughly 73% of district revenue comes from state aid and about 21% from local levies, and said the proposed levy decline was “primarily driven by a reduction in our estimate for student enrollment.” The presenter stated the dollar amount on the record as “$10,220,164.29.”
Why it matters: The levy approved Monday will be recognized as revenue in the district’s fiscal 2027 budget; property owners will see taxes payable in 2026. The board’s presentation said the district’s unassigned general fund balance was about $7.8 million, with additional restricted balances for basic skills ($1.1 million) and long-term facility maintenance ($1.2 million), which the finance staff cited as buffers against potential state aid cuts.
Board action and procedure: Michelle Parker moved to approve the levy; the motion was seconded by a board member identified in the transcript as “miss Tipps.” The board recorded roll-call votes and the resolution passed on the motion.
Context and outlook: Finance staff emphasized that state-level changes, property market shifts and enrollment trends can materially change future levies. They also said the district will bring a revised budget in January with updated projections and an enrollment-driven projection model to guide planning.
The board’s vote followed a required TNT (truth-in-taxation) presentation and a public comment period. No member recorded opposition in the roll-call recorded in the transcript; the motion carried as announced by the chair.
What’s next: The dollar amount approved tonight will be submitted as required by county and state processes; staff said they will finalize any minor adjustments and continue work on a revised budget to present in January.
