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Proposed USD 115 budget contains mill levy increase

By Greg Bebermeyer

08/21/2025

(KMZA)--Nemaha Central USD 115 is proposing a 2025-26 budget that calls for net expenditures of $17.4 million and a nearly 1.2 property tax levy increase.

The USD 115 Board of Education approved the budget for publication on a 6-1 vote at their August 11th meeting. Board member Jason Kramer cast the lone dissenting vote.

The proposed budget contains an estimated tax rate of 60.662 mills, which is nearly 2.7 mills above the revenue neutral rate.

The district is to collect $6.5 million in tax revenue.

The budget includes a 15.2 mill levy for debt service on the $24.2 million bond issue approved by voters in 2022 to fund facility improvements.

Taxpayers in the former USD 442 portion of the district also have an additional 6 mill levy for bonds issued for the construction of the elementary/middle school.

The board will consider adoption of the budget following a public hearing at their September 8th meeting. A second public hearing will also be held on the intent to exceed the revenue neutral tax rate.

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