Lincoln Public Schools

Visit LPS online at http://www.lps.org/
This page can be found at http://osx.lps.org/about/budget/default.html?
or by using the QR code to the right.

LPS Budget Information

Key Budget Dates for 2013-14 Budget:

February 26, 2013 Board of Education Meeting - Budget Calendar

March 1, 2013 State Aid and 2013/14 Budget Authority (LB408 moves date to June 1) and Allowable Reserve Percentage Certification

Approx. April 20, 2013 Gross Assessed Valuations from County Assessor

April - June, 2013 Executive Committee Works with Board Finance Committee

June 1, 2013 State Aid Certification (LB408 moves certification date from March 1)

June 1, 2013 2013/14 Budget Authority and Allowable Reserve Percentage Certification

June 5, 2013 End of Legislative Session

June 18, 2013 Budget Work Session, 6:00 p.m. at Bryan Center in Hawthorne Building at 300 S 48th Street

May-June Community/District Constituent Presentations

Presentation & Budget Forum at a County-City Building (555 South 10th Street) on June 25 from 5:00 - 6:00 p.m.

Presentation and Budget Forum (Place to be determined at a later date) on June 26 from 7:00-8:00 p.m.

Presentations to Various Community/District Constituent Groups (Dates TBD)

Key Communicators

Community Curriculum Council

LIBA (Lincoln Independent Business Association)

LPS Parent Leader Group

Lincoln Area Chamber of Commerce

Lincoln Neighborhood Alliance

July 16, 2013 Second Budget Work Session, 6:00 p.m. at Bryan Center in Hawthorne Building at 300 S 48th Street

August 4, 2013 Publication of Budget Hearings/Forums (LPS and ESU 18)

August 13, 2013 Public Hearing/Budget Forum (6:00-6:45 p.m.) and Budget Approval (First Reading) at City-County Building (555 South 10th Street)

August 20, 2013 Certified Assessed Valuation

August 27, 2013 Budget Approval (Second Reading/Action) at City-County Building (555 South 10th Street)

September 3, 2013 Publication of Property Tax Request Hearing

September 10, 2013 Property Tax Request Hearing and First Reading

September 24, 2013 Property Tax Request (Second Reading/Hearing)

 

**********************************************************

Items from Last Year:

Budget Adoption Presentation, August 28, 2012

The slide show presentation for the budget adoption on August 28, 2012 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

August 28, 2012 Budget Adoption Presentation (Download slideshow)

 

Budget Public Hearing Presentation, August 14, 2012

The slide show presentation for the budget public hearing on August 14, 2012 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

August 14, 2012 Budget Public Hearing Presentation (Download slideshow)

 

Budget Work Session Presentation July 17, 2012

The slide show presentation from the budget work session on July 17, 2012 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

July 17, 2012 Budget Work Session Presentation (Download slideshow and budget questions and answers)

 

Questions and Answers about the 2012-13 Budget

The documents listed below gives a list of questions that have been asked about the 2012-13 Budget and answers to those questions. They can be viewed with the Acrobat reader. Click on "download QA " to view the materials.

Questons/Answers for 2012-13 Budget (Download QA1) Updated on July 17, 2012.

 

Budget Forum Presentation 2012-13

The slide show presentation for the budget forums on June 26 and 28, 2012 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

June 26 and 28, 2012 Budget Work Session Presentation (Download slideshow)

 

Budget Work Session Presentation June 19, 2012 on the Preliminary 2012-13 Budget

The slide show presentation for the budget work session on June 19, 2012 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

June 19, 2012 Budget Work Session Presentation (Download slideshow)

 

2012-2013 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 2012-2013 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.

State aid was certified on May 1,2012 for the 2012-13 budget. The Legislature in 2011 made a change to the state teacher retirement plan to increase contributions in 2012-13 through 2016-17 by an additional .9%. With increasing expenditures and an uncertain source of future state funding, Lincoln Public 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.

Lincoln Public Schools (LPS) faces both challenges and opportunities in the coming year, and does so with a pledge to continue providing quality education for all students. Educators will keep a clear focus on teaching, learning, and student achievement. The Board of Education and administration will continue to focus on providing a quality education for a growing population of students with increasingly diverse needs.

Annually the district reviews and updates its 10-Year Facilities Plan for new construction, renovation, and additional space needs. The district currently is completing projects approved as part of the Federal Stimulus Plan (ARRA, 2009).

Continued growth in student population requires the addition of facilities. Lincoln Public Schools had new additions, renovations, and air quality upgrades at a number of school facilities this fall, as well as "opening" Kloefkorn Elementary School in southeast Lincoln and a fourth and fifth grade elementary center on the Roper Elementary site. The District will incur additional costs for ongoing operations.

More students arrived at LPS in the 2012-13 school year. Textbooks and school supplies will cost more. The cost of utilities, fuel for buses and other operational costs will continue 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 General Fund expenditure budget of $330,263,955 for the 2012-2013 school year represents a 2.94% increase from the previous year’s budget. This budget allocates 82.9% to instruction. This is consistent with the school district’s emphasis on teaching, learning, and increasing student achievement for all students. The assessed valuation increased by 4.98%. The total 2012-13 LPS property tax levy decreased slightly when compared to the 2011-12 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 budget document by clicking on the link above.

 

 

 

 

 

 

 

View the 2012-2013 Tax Levy and State Budget Document for LPS

View the 2012-2013 Annual Budget Information

View the 2011-2012 Annual Budget Information

View the 2010-2011 Annual Budget Information

View the 2009-2010 Annual Budget Information

View the 2008-2009 Annual Budget Information