(KMZA)--The Nemaha Central Board of Education this week received a preliminary report on the effect of the state’s plan to scrap the current formula for distributing aid to public schools and instead give district’s “ block grants.”
Under the proposal, Superintendent Darrel Kohlman says the amount of general fund budget authority a district has in the current fiscal year will remain the same for the next two fiscal years. State aid for the supplemental general and capital outlay funds will be decreased and several of the weightings will be eliminated. Restrictions on the use of capital outlay funds will be removed so that the funds can be used however a school board decides.
Kohlman says first estimates reveal that the plan will have a negative effect on high state aid districts, which are the least wealthy districts in the state. He says districts will be forced to use cash reserves and/or assess higher local taxes.
As for USD 115, Kohlman says the frozen budget not considered, the district would see just over $17,000 less next school year and nearly $31,000 less in the 2016-17 school year.
The board also reviewed the forecasted general fund budget change after the district comes out of the four-year frozen budget due to consolidation. Kohlman says the district will see a more than $981,000 loss in spending authority in the general fund. Cuts during the past four years will help offset about $700,000 of that loss.
Kohlman presented a list of cuts to consider in the future to make up for the shortfall. Also included in the solution were some ideas to increase revenue.
© Many Signals Communications
MOST VIEWED STORIES
Effingham woman killed Friday in Atchison wreck
One hospitalized, one jailed, after Atchison attack
Atchison man involved in fatal NW MO crash
One injured in Nemaha Co wreck
Rural Horton man arrested on multiple drug charges
Street lights to be discussed at Monday city meeting
Meteorologist Spencer: Geometric Watch means electronic disruptions
Two file to challenge local legislator
USD 430 Board accepts resignations, approves new hires
Services set for Effingham woman killed in crash
Truck fire at CGB facility in Falls City
BC's Pate remembered by students, college family
Flags to fly half staff Wednesday across KS
U.S. 36 work in Doniphan Co to impact motorists
Moran works for Mayetta veteran's recognition
Chiefs' Butker named Keynote Speaker for BC Commencement
Sheriff: phone call promises of free money is a scam
LATEST STORIES
Results from SE Nebraska contested Primary Elections
U.S. 36 work in Doniphan Co to impact motorists
Senator Ricketts staff to visit Falls City and Auburn
Richardson County Sheriff provides updates to Commissioners
Services set for Effingham woman killed in crash
Marshall Co Commissioner files for re-election
Contested races in Tuesday Primary Election in Nebraska