Budget, Finance & Grants Workshop September 6, 2018

Members J.B. Eberly Ray Seeman Brittney Lechner Michael Sieh Kathy Nordby Shad Pohlman Tim Reese Karla Renn Ray Seeman Michael Sieh Cheri Walnofer Shawn Wiedeman Sandy Zoubek

Establish Yearly Meeting Dates Prior to September Board Meeting Review budgeting process Review budget before board approval Fall Review grant goals Review grant prioritizes Financial prioritizes

Understanding the Budget

Preliminary Work Figure out the New Budget Codes Projecting the End of Year’s Revenue and Expenses Using June’s Figures Calculating Upcoming Year’s Salaries May Requisitions Estimating Upcoming Year’s Revenue and Expenses

The Bird Walk An individual Salary Line Item (Board Report) Category State Budget Document (Official)

State Materials LC-2 Form Budget Document Last Year’s Budget Information State Aide Unused Budget Authority

County Materials County Valuations

Completing the Budget Complete the Worksheets for all Funds General (includes special education) Activity Hot Lunch Bond Student Fee Depreciation Special Building Quality Capital Complete Schedules A, B & D

Setting the Tax Rate Complete the Final Tax Request Form Divide Tax Asking Into Total Valuation Times 100

Board Approval Approval of Actual Budget Approval of Tax Asking

Submitting the Budget to NDE Auditor of Public Accounts County Clerk

What to send School District Budget Form Proof of Publication for Notice of Budget Hearing Resolution & Minutes of Adoption of Budget Schedules A, B, D Certification of Taxable Value Proof of Publication of Notice of Special Hearing to Set Final Tax Request Resolution & Minutes of Tax Request LC-2 Special Grant Fund List Interlocal Agreement Form

Budget Highlights Land Valuation INCREASED by 1.32% General Fund Budget Increased 1.04% General Fund Tax Increased 2.55% ($124,782) General Fund Levy Similar to Others in Area Textbook Replacement ($100,000) Route Bus Replacement ($40,000) SPED Van Replacement ($25,000) Activity Van ($35,000 Depreciation Account) Transfers (Hot Lunch $35,000 & Activities $25,000) Increase in Necessary Cash Reserve ($1,550,000)

Budget Highlights Special Building Fund Qualified Capital Purpose $540,500 for Roof and to Use as Reserve Tax Remained the Same $267,677 (0.42% increase) $64,000/year for HVAC project (Lease Purchase) Qualified Capital Purpose $234,000/year for HVAC Project (2 Bond) $232,000 Cash Reserve Direction of Property Valuation & Tax Relief is a Mystery

District Total Valuation Valuation Increase (Percentage) General Fund Levy General Fund Request in $ Bond Fund(s) Levy Bond Fund(s) Request in $ Special Building Fund Levy Special Building Fund Request in $ QCAP Fund(s) Levy QCAP Fund(s) Request in $ Total Levy Total Request in $ Bancroft-Rosalie $419,590,303 -2.59% $0.74 $3,121,212 $0.00 $0 $0.01 $60,606 $30,303 $0.77 $3,212,121 Clarkson $403,935,842 0.95% $0.73 $3,425,699 $0.03 $105,620 $0.76 $3,531,319 Howells-Dodge $717,113,927 -0.19% $0.51 $3,657,228 $0.08 $606,060 $0.59 $4,263,288 Humphrey   Leigh Logan View $851,987,117 -1.49% $6,300,189 $0.07 $598,788 $0.04 $303,030 $0.85 $7,202,007 Lyons-Decatur Northeast $557,267,380 -0.69% $0.64 $3,579,797 $202,020 $0.68 $3,781,817 Madison $812,297,021 -0.75% $0.69 $5,599,095 $207,070 $0.12 $979,797 $101,010 $6,886,972 North Bend Central Oakland-Craig $573,868,214 -5.17% $0.82 $4,681,033 $446,107 $0.05 $0.95 $5,430,170 Pender $607,500,485 -1.60% Scribner-Snyder $470,854,295 -1.53% $0.72 $3,370,596 $0.06 $0.78 $3,673,627 Stanton $621,219,763 1.32%% $0.81 $5,026,693 $267,677 $230,127 $0.89 $5,524,497 Tekamah-Herman Twin River West Point-Beemer $1,395,658,088 2.4 $0.66 $9,240,180 $619,734 $111,663 $0.71 $9,971,577 Wisner-Pilger $916,270,872 1.03% $0.62 $5,701,981 $0.02 $151,515 $252,525 $205,555 $6,311,576

Input Budgets just right? Too high? Too Low? Property tax just right? Too high? Too Low

The End Thanks for Your Time!