1. Budget, Finance & Grants Workshop
September 6, 2018

2. 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

3. 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

4. Understanding the Budget

5. 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

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

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

14. County Materials
County Valuations

15. 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

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

17. Board Approval
Approval of Actual Budget
Approval of Tax Asking

18. Submitting the Budget to
NDE
Auditor of Public Accounts
County Clerk

19. 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

20. 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)

21. 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

22. 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

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

24. The End
Thanks for Your Time!