Nemaha Central USD 115 Board Approves Budget for Publication
( KMZA )--The Nemaha Central USD 115 Board of Education has approved for publication a proposed 2013-2014 budget of $14 million that calls for a slight increase in the property tax levy.
The action came Tuesday evening during the board’s first meeting of fiscal year 2014.
The entire mill levy for USD 115 patrons will be 31.95 mills, up .04 from last year’s levy. The slight mill levy increase was attributed to a decrease in the district’s assessed valuation.
The mill levy for the general fund is set by the state at 20 mills. The local option budget or supplemental general fund budget and mill levy are set by the board. Superintendent Darrell Kohlman said the statewide average for the LOB is 30 percent of the general fund budget. In his recommendation for 2013-2014, the LOB budget will remain the same as last year at $1.1 million, which is 23 percent of the base amount.
Former USD 442 patrons will remain solely responsible for the bond and interest mill levy required to pay off the debt for the Nemaha Valley Elementary and Middle School. The mill levy will remain the same at 7 mills.
The board will consider adoption of the 2013-2014 budget following a public hearing immediately prior to their regular meeting on August 12th.
In other business, board members re-elected Gary Niehues as board president and Owen Zinke as vice-president for the 2013-2014 school year.
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