The Nebo School District Board of Education has outlined a comprehensive budget plan for the upcoming school year, projecting a total revenue of approximately $622 million against expenditures of $667 million. This budget reflects a significant focus on managing funds across seven different categories, with the general fund alone accounting for about 75% of the total revenue.

During the meeting held on June 11, 2025, district officials emphasized the importance of tracking financial resources meticulously, noting that they manage nearly 66,000 individual accounting codes across 420 budget centers. The district is anticipating an enrollment of around 42,155 students, including an estimated 7,000 participating in online programs. This enrollment projection is crucial as it directly influences state funding, which constitutes nearly 80% of the general fund.

A key highlight of the budget discussion was the anticipated increase in property tax revenues, with preliminary assessments indicating a potential 7-8% rise in property values. This increase could lead to a slight reduction in tax rates, alleviating the need for a truth-in-taxation hearing, which would have required public scrutiny of tax increases. The district plans to maintain its current debt service levy while issuing $10 million in general obligation bonds in August 2025.

Salaries and benefits remain a significant portion of the budget, accounting for approximately 73% of expenditures. The board approved salary increases for certified, classified, and administrative employees, with average raises projected at 5.89%, 5.37%, and 4.01%, respectively. These adjustments reflect the district's commitment to supporting its staff amid rising health insurance costs.

Overall, the budget discussions underscore the district's proactive approach to financial management and its dedication to providing quality education while ensuring fiscal responsibility. As the district prepares for the new school year, stakeholders can expect continued focus on student enrollment trends and the effective allocation of resources to enhance educational outcomes.