Lincoln Public Schools

Saturday November 21, 2009 · 29° and fair in Lincoln

LPS Budget Information

Key Budget Dates for 2009-10 Budget:

March 18, 2009 Finance Committee Meeting to Discuss Budget Calendar

March 24, 2009 Board of Education Meeting - Budget Calendar

Approx. April 1, 2009 Gross Assessed Valuations from County Assessor

April 23 - May 11, 2009 Executive Committee Works with Board Finance Committee

April Community District Constituent Presentations

Presentations to Various Community/District Constituent Groups

Superintendent's Board of Advisors - April 1, 2009

Community Curriculum Council - April 6, 2009

LIBA (Lincoln Independent Business Association) - April 7, 2009

LPS Parent Leader Group - April 30, 2009

Lincoln Area Chamber of Commerce - June 11, 2009

May 12, 2009 Budget Work Session/Presentation of Budget for Publication (5:00 p.m.)

May Community District Constituent Presentations

Presentation & Budget Forum at Mickle Middle School located at 2500 N 67 Street

May 19 from 7:00 p.m. - 8:30 p.m.

Presentation & Budget Forum at Southeast High School located at 2930 S 37th Street

May 20 from 7:00 p.m. - 8:30 p.m.

May 31, 2009 Publication of Budget Hearings/Forums (LPS and ESU 18)

June 1, 2009 State Aid Certification

June 4 , 2009 End of Legislative Session

June 9, 2009 Public Hearing/Budget Forum (6:00-6:45 p.m.) and Budget Approval (First Reading)

June 23, 2009 Budget Approval (Second Reading/Action)

August 20, 2009 Certified Assessed Valuation

September 1, 2009 Publication of Property Tax Request Hearing

September 8, 2009 Property Tax Request Hearing and First Reading

September 22, 2009 Property Tax Request (Second Reading/Hearing)

Budget Public Hearing Presentation 2009-10

The slide show presentation from the budget public hearing on June 9, 2009 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

June 9 , 2009 Budget Public Hearing Presentation (Download slideshow)

 

Budget Work Session Presentation 2009-10

The slide show presentation from the budget work session on May 12, 2009 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

May 12, 2009 Budget Work Session Presentation (Download slideshow)

2009-2010 Lincoln Public School's Budget Tool Kit

The slide show is used to present Lincoln Public School budget and financial information in an easy to read format. Click on "download slideshow" to view with the Acrobat reader.

Executive Summary Excerpt:

Teachers and stuents in Lincoln Public Schools will continue to excel in the classroom and school activities during the 2009-2010 school year. In addition to developing a solid academic foundation in mathematics, literacy, and other basic academic skills, students will continue solving physics problems and working with calculus formulas, exploring science and world history, learning about other cultures and the global society, and developing an appreciation for the fine arts. Increased student achievement for all students through excellence in teaching and learning continues to be a clear expectation of the Lincoln community, and is the number one priority for Lincoln Public Schools.

The 2009 legislative session brought more changes to the financing and operating provisions of public school districts in Nebraska. The allowable growth rate in the state aid formula decreased from 2.5% to 1.5% for 2009-10 through 2012-13. The decrease in the cost growth factor is expected to decrease the amount of state aid available to Lincoln Public Schools in in 2010-11 and 2011-12. In addition, school districts particpating in the state teacher retirement plan must increase contributions in 2009-10 through 2012-13. With increasing expenditures and an uncertain source of future state funding, Lincoln Pulic Schools Schools must carefully plan for the coming years. There are many questions about the future of financing public education in Nebraska that remain to be answered by the legislature in future years.

Lincoln Public Schools (LPS), therefore, faces both challenges and opportunities in the coming year, and does so with a pledge to continue providing quality education for all of our students. Educators will keep a clear focus on teaching, learning, and student achievement. The Board of Education and administration will conintue to focus on providing a quality education for a growing population of students with increasingly diverse needs. All of this will be done with a focus on making the most efficient and effective use of the resources entrusted to us by our patrons, including the resources provided by a $250 million school bond issue approved by the voters in February, 2006.

Lincoln Public Schools will open Kooser Elementary, Schoo Middle School, a new Arnold Elementary, and new additions at several other schools throughout the district. Continued growth in student population requires the addition of facilities. With these facilities additions comes the costs of ongoing operations.

More students will arrive at LPS in the 2009-2010 school year. Textbooks and school supplies will cost more. The cost of utilities, fuel for buses and other operational costs will coninue to rise. There will be an increase in the number of students who speak languages other than English, who have special needs, and who are living in poverty.

The LPS Proposed General Fund expenditure budget of $305,818,930 for the 2009-2010 school year represents a 4.3% increase from the previous year’s budget. This budget allocates 82% of the budgeted funds to instruction. This is consistent with the school district’s priority emphasis on teaching, learning, and increasing student achievement for all students. The assessed valuation is estimated to decrease 1.59%. The total 2009-10 LPS property tax levy is estimated at a one cent reduction in the levy fromt he 2008-09 levy.

If you would like to view the entire executive summary including the charts and graphs, click here (View Executive Summary). You can view the proposed budget document by clicking on the link above.

 

 

View the 2009-2010 Proposed Annual Budget Information

View the 2008-2009 Annual Budget Information

June 10, 2008 Proposed Budget Public Hearing

View the hearing on the Board of Education page.