The Finance Department is tasked with ensuring excellence in stewardship, one of the district’s strategic commitments.
Our finance professionals are dedicated to financial management systems that efficiently and effectively maximize the taxpayer dollars entrusted to us.
- 81.4% of our 2024-25 annual operating budget is for direct student instruction and support.
- Our District’s AA+ S&P Bond Rating (second highest possible rating) is a testament to our strong fiscal oversight.
- In 2023, Northfield spent $7,627 per student on direct student instruction. This is $983 per student (15%) more than the state average.
- In 2023, Northfield spent $1,043 per student on administration and district services. This is $257 per student (20%) less than the state average.
- Northfield received the School Finance Award from the MN Department of Education for 2023 financial reporting. This is the twelfth consecutive year we have received this honor.
