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Red Wing board approves revised budget; unassigned fund balance remains healthy
Summary
Board received a detailed budget presentation and voted to approve a revised budget that projects a small general fund surplus and an unassigned fund balance just over 20%; presenters flagged enrollment decline as the primary revenue challenge.
The Red Wing Public Schools board voted Jan. 27 to approve a revised budget after a presentation by district finance staff.
Presenter Chris (district finance staff) said enrollment — which has fallen roughly 3% over recent years (about 60–75 students) — is the single biggest driver of general fund revenue. For fiscal year 2026 the state39s basic formula allowance was cited in the presentation as $7,481 per…
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