September 27, 2022 at 5:30 PM - Annual Budget Hearing & Special, Public Meeting of the Kearney Public Schools Board of Education
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1. Annual Budget Hearing -
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1.A. Convene Hearing
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1.B. Discussion & Public Input
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1.C. Close Hearing
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2. Call to Order
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3. Open Meeting Announcement
Rationale:
This is an open, public meeting and a copy of the Open Meetings Act is posted in this room.
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4. Roll Call
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5. Approval of Agenda
Recommended Motion(s):
Move to approve the agenda for the meeting, as presented.
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6. Adoption of Budgets for the 2022-2023 School Year
Rationale:
Having completed the preliminary review of the 2022-2023 budgets and having conducted the annual budget hearing, we will ask the Board of Education to approve the various budgets for the Kearney Public Schools, and the tax requirements for the budgets funded by property taxes.
Recommended Motion(s):
Move to adopt the Kearney Public Schools General Fund Budget in the amount of $68,128,808.00, with a tax requirement of $43,509,588.00; the Special Building Fund Budget in the amount of $2,614,762.00, with a tax requirement of $353,535.00; the Bond Fund Budget in the amount of $13,430,139.00, with a tax requirement of $7,426,055.00; the Depreciation Fund Budget in the amount of $704,703.00; the Employee Benefit Fund Budget in the amount of $312,166.00; the Activity Fund Budget in the amount of $3,955,936.00; the School Nutrition Fund Budget in the amount of $4,559,552.00; the Student Fee Fund Budget in the amount of $217,728.00; the Cooperative Fund Budget in the amount of $700,000.00; and the Qualifying Capital Purpose Undertaking Fund Budget in the amount of $12,476,214.00, with a tax requirement of $1,284,055.00; for the 2022-2023 school year.
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7. Discuss, Consider and Take Possible Action on Engagement of an Underwriting Firm for the District's Series 2022 and 2023 Limited Tax Obligation Bonds
Recommended Motion(s):
Move to engage__________________ as underwriter on the District's Series 2022 and 2023 Limited Tax Obligation Bonds.
Attachments:
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8. Adjournment
Recommended Motion(s):
Move to adjourn the meeting.
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