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Park Rapids board approves revised FY2025–26 budget, previews preliminary FY2026–27 figures
Summary
The Park Rapids Area School Board on June 15 approved a revised FY2025–26 budget (general fund revenue $24,935,770; expense $26,464,998) and approved a preliminary FY2026–27 budget (general fund revenue $24,269,581; expense $24,224,261), and approved routine insurance and membership renewals and interdistrict service agreements.
At its June 15, 2026 meeting, the Park Rapids Area School Board approved revisions to its fiscal-year 2025–26 budget and adopted preliminary figures for fiscal-year 2026–27.
The board approved a revised FY2025–26 general fund revenue of $24,935,770 and general fund expense of $26,464,998. Total all funds (01–07) revenues were approved at $32,096,102 with expenditures of $36,546,580 (motion by Diekmann, second by Pike).
The board also approved a preliminary FY2026–27 budget showing general fund revenues of $24,269,581 and general fund expenses of $24,224,261. Total all funds 01–07 revenues were listed as $31,539,951 with expenditures of $33,388,989 (motion by Morgan, second by Hoyt).
In related fiscal and administrative actions, the board approved workers' compensation coverage for 2026–2027 (motion Morgan/Diekmann); reviewed and approved a property liability insurance renewal (motion Morgan/Pike); and approved renewals of membership in the Minnesota Rural Education Association and the Minnesota School Board Association for 2026–2027. The minutes also record board approval of agreements with Freshwater Education District for special education director services and program specialist services as addenda to the agenda.
The decisions were recorded as motions with movers and seconders in the meeting minutes; the minutes do not record individual roll-call vote tallies in the text provided. The board adjourned at 6:48 p.m.
