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Norfolk Public Schools board addresses $3 million aid shortfall, approves insurance renewal and grant-backed bus purchase
Summary
Board members heard a finance update from Eric Wilson about a projected $3 million loss in equalization aid and plans to trim expenses; the board unanimously renewed district insurance with ALCAP and voted to accept a Nebraska clean diesel rebate to buy a new route bus.
The Norfolk Public Schools Board of Education discussed budget pressures and approved three finance items at its meeting. Eric Wilson, director of finance and facilities, told the board the district is losing $3,000,000 in equalization aid and is planning expense reductions for the 2025–26 school year.
Wilson said the district is pursuing a 0-based budgeting approach and expects a reduction in expenses of about 1.21–1.24 percent for 2025–26 as it works through staffing and program changes enacted since the prior November. He said the district is still awaiting property valuation numbers that will inform levy decisions and that the board expects to preview the budget on Aug. 25, hold budget and tax…
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