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Papillion La Vista board previews 2025-26 budget, recommends 4.2% tax revenue increase
Summary
District staff outlined the proposed 2025-26 budget and tax timeline, describing a 2.6% overall budget authority increase, proposed fund transfers for technology, and a recommended 4.2% increase in property tax revenue request subject to upcoming hearings.
Papillion La Vista Community Schools staff presented a proposed 2025-26 budget and tax-request timeline Monday night, recommending a 4.2% increase in property-tax revenue requests and a 2.6% rise in overall budget authority from $165,550,716 to $169,816,374.
The budget presentation, made during the district's public budget hearing, explained how the district will use eight funds including the general fund, depreciation, bond, special building and others; staff said the district plans to transfer $1,250,000 from the general fund to the depreciation fund to support ongoing technology replacement. District staff estimated revenues and expenditures near $154 million within the larger $169.8 million authority and said preliminary property valuations rose about 7.6%, driven by commercial and residential development.
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