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Northfield board approves revised 2025–26 general fund budget with roughly $1.9 million surplus
Summary
At its Jan. 12 meeting the Northfield Public School Board approved a revised 2025–26 general fund budget after a presentation from the district finance director. Audited special-education revenue and settled contracts helped produce a roughly $1.9 million surplus and an improved ending fund-balance projection.
The Northfield Public School Board voted Jan. 12 to approve a revised 2025–26 general fund budget after a detailed presentation by the district’s director of finance, Val.
“I'll just say we ended 24‑25 with 15.3% unassigned fund balance, which is above the goal,” Val said during the presentation, and later told the board the audited results and contract settlements produced a revised budget surplus “of about $1,900,000.” The board then voted to adopt the revised budget, which the motion described as having revenues of $70,171,484 and expenditures of $68,208,704.
Why it matters: the revision…
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