(KMZA)--The Nemaha Central USD 115 Board of Education Monday evening adopted the 2025-26 budget as published.
The action came on a 6-0 vote following a hearing drawing no public comment. Board member Tory Jost was absent.
Also following a separate hearing drawing no public comment, the board on a 6-0 vote adopted a resolution to exceed the revenue neutral rate.
In addition, the board adopted a resolution setting the local option budget percentage for the 2025-26 school year at 33 percent.
The budget calls for net expenditures of $17.4 million and a nearly 1.2 mill property tax levy increase.
It contains an estimated tax rate of 60.66 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.
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