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NDE finance officer outlines $2 billion flow-through, operations make up about 7%
Summary
Bryce Wilson, finance officer for the Nebraska Department of Education, told the State Board on Feb. 7 that more than $2 billion flows through the agency each year, with most funds passed through to districts and about 7% used for departmental operations; federal grants fund a majority of operations.
At the Feb. 7 State Board of Education meeting, Bryce Wilson, finance officer for the Nebraska Department of Education, presented a high-level overview of the agency’s budget, telling board members that more than $2 billion flows through the department and that most of that — roughly 93% — is pass-through education aid to schools.
Wilson said the department’s operating budget makes up the remaining roughly 7% and pays…
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