Lincoln Public Schools

Friday November 21, 2008 · 19° and fair in Lincoln

LPS Budget Information

Key Budget Dates for 2008-09 Budget:

February 1, 2008 State Aid Certification

February 26, 2008 Budget Calendar - Information Item

March - April 2008 Building/Department Budget Development

April 17, 2008 End of Legislative Session

April 23 - May 9 Executive Committee Work with Board Finance Committee

April 30, 2008 State Aid Recertification

June 1, 2008 Publication of Budget Hearing/Forum (LPS and ESU 18)

June 10, 2008 Public Hearing/Budget Presentation (6:00 p.m. at LPSDO)

June 10, 2008 Budget Approval (First Reading) 7:00 p.m. Board Agenda Item

June 24, 2008 Budget Approval (Second Reading/Action) 7:00 p.m. Board Agenda Item

August 20, 2008 Certified Assessed Valuation

September 2, 2008 Publication of Property Tax Request Hearing

September 9, 2008 Property Tax Request (First Reading)

September 23, 2008 Property Tax Request Hearing and Second Reading/Action

Budget Public Hearing Presentation 2008-09

The slide show presentation from the budget public hearing on June 10, 2008 can be viewed with the Acrobat reader. Click on "download slideshow" to view the materials.

June 10, 2008 Budget Public Hearning Presentation (Download slideshow)

2008-2009 Proposed 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 2008-2009 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. During the 2008-09 school year, Lincoln Public Schools will complete the implementation of all-day kindergarten and implement the International Baccalaureate Program. 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 2008 legislative session brought dramatic changes to the financing and operating provisions of public school districts in Nebraska. Lincoln Public Schools will be learning from these changes for years to come. There are many questions about the future of financing public education in Nebraska that remain to be answered by the legislature in future years.

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 Adams Elementary and additions at several other schools throughout the district. Continued growth in student population requires the addition of facilities. With this addition of facilities comes the costs of startup and ongoing operations. The 2008-09 budget recognizes these needs and funds them appropriately.

More students will arrive at LPS in the 2008-2009 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 Proposed LPS General Fund expenditure budget of $293,288,620 for the 2008-2009 school year represents a 5.64% increase from the previous year’s budget. This budget allocates 82.5% 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 total LPS levy would remain flat at the same rate as 2007-08.

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 2008-2009 Proposed LPS Budget

June 10 Proposed Budget Public Hearing

View the hearing on the Board of Education page.

View the 2007-2008 LPS Budget