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Lincoln Public Schools holds public hearing on $559 million proposed 2025-26 budget; levy to fall modestly
Summary
The Lincoln Public Schools Board of Education opened a statutorily required public hearing on the district's proposed $559 million 2025-26 budget, which is driven largely by personnel costs and, according to district staff, will lower the general fund levy modestly after newly certified valuations.
The Lincoln Public Schools Board of Education opened a public hearing Monday, Aug. 25, on the district's proposed $559,000,000 budget for the 2025-26 school fiscal year, district staff said.
Dr. Standish, who presented the budget to the board, told attendees the proposed budget is "predominantly personnel, almost 90% personnel," and noted that the district runs "a monthly payroll of about $30,000,000." She said the district aligned spending increases to the four pillars of its strategic plan and emphasized salary and benefit increases as the largest drivers of the budget.
The nut of the proposal is that, despite spending growth, certified property valuations received late in the process mean the district's levy will fall. Dr. Standish said the district's certified valuation increase was 3.59% (reported as 3.6%), lower than an…
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