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Bennington Public Schools proposes $140.1 million 2025-26 budget; tax request about $42 million, levy unchanged

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Summary

At a Sept. 8 special budget hearing, district administrators presented a worst‑case 2025‑26 budget request of $140,138,659, a tax asking of $42,036,377 and said the combined levy would remain at $1.358 per $100 of valuation; state equalization aid and valuation growth are driving revenue shifts.

Bennington Public Schools presented its proposed 2025‑26 budget at a special budget hearing Sept. 8, asking for $140,138,659 in total budget authority and a tax request of $42,036,377 while saying the district’s combined levy would remain unchanged at $1.35.8.

The district’s budget summary showed a $56,980,007 general‑fund request, special‑building funds of $56,458,806, bond funds of $17,583,315 and a QCPUF balance of $700,638. “I’d like to note that this is the NDE budget,” the district presenter said, referring to the Nebraska Department of Education submission and describing it as a worst‑case scenario the district does not expect to fully spend.

The budget presentation centered on three revenue dynamics: rapid local property valuation growth, state equalization aid and a 30% property‑tax credit the state reimburses to taxpayers. District staff told the board the district’s total valuation rose to about $3,000,000,096 — an increase of roughly 9.3% year over year —…

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