The Nebraska City Public Schools School Board approved the 2016-2017 proposed budgets Monday evening. NCPS Superintendent Jeffrey Edwards passed out the proposed budgets to school board members and reviewed it during a budget hearing before the regular board meeting.
The general fund expenditures for 2015-2016 was $16,475,450. This year’s is $16,802,810, which is a $327,000 or 1.99-percent increase. Edwards said the board talked about salaries and benefits increasing 3.84 percent during a workshop a couple of weeks ago.
“So for the overall general fund to only go up 1.99 percent is pretty remarkable,” he said.
Including the county treasurer’s commission, the total property tax requirement in 2015-2016 was $9,544,500, which was a $1.04 levy. This year, the property tax requirement is $9,852,550, which makes the general fund levy about $1.05.
The Building Fund total property tax requirement decreased a little bit this year. During the 2015-2016 fiscal year, it was $240,986 or 2.6-cent levy. This year’s property tax requirement is $145,945, which is an estimated 1.5-cent levy. The total Building Fund property tax requirement includes the county treasurer’s commission.
The 2015-2016 Qualified Capital Purpose Undertaking Fund’s total property tax requirement was $227,613.60 with a 2.4-cent levy. This year’s is $231,584.92, which is an estimated 2.4-cent levy. The total QCPUF property tax requirement includes the county treasurer’s commission.
The 2007 Bond Fund’s total property tax requirement for the 2015-2016 budget was $1,206,717.70 with a 13.1-cent levy. This year’s totals $1,257,439.90, which is a 13.4-cent levy. The total 2007 Bond Fund property tax requirement includes the county treasurer’s commission.
The Technology Fund’s total property tax requirement in 2015-2016 was $101,010.10 with a 1.1-cent levy. This year’s was $101,010.10 with a 1-cent levy. The total Technology Fund property tax requirement includes the county treasurer’s commission.
The 2015-2016 fiscal year budget’s total levy was $1.23. This fiscal year’s estimated total levy remained almost the same with a .005-percent difference from the previous year. This year’s total equals to about $1.23.
Edwards noted that the NCPS property tax valuation increased about 2.26 percent. The property valuation for Otoe, Cass and Nemaha counties is $937,720,314 with a total tax rate of $1.23.
Edwards also highlighted Nebraska City’s levy history from the past 28 years. During the 1989-1990 school year, the property tax levy was $2.21. This year’s is $1.23.
During the regular meeting, board members also approved a technology bonds resolution which gives the board permission to purchase bonds not to exceed $100,000 for technology upgrades. Edwards said in the past the funds have been used to upgrade the wireless and purchasing Chromebooks at both the Nebraska City Middle School and Nebraska City High School and for phone systems upgrades in multiple buildings.
“What the projected $100,000 will be used for for the next year will be to upgrade the wireless at the two elementary buildings and also to take a look at some security cameras at multiple buildings,” Edwards said.
The board also approved the 2016-2017 tax request resolution for the Otoe County School District 111.
Edwards noted that the board will be receiving the Outstanding Board Award again this year during a Nebraska Association of School Boards area membership meeting Oct. 5 in Nebraska City.
Before going into executive session, Edwards updated the board on the district’s enrollment numbers for pre-kindergarten through 12th-grades. Edwards said the numbers change daily. In fact, as of Monday the district had received two new students.
As of Monday, the enrollment numbers are:
The total enrollment of pre-kindergarten through 12th-grade was 1,446 students.