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Budget and audit committee reports forecast $850 million general fund, small levy uptick and federal funding uncertainty
Summary
Committee chair reported a preliminary $850 million general fund budget (up from $812M), projected modest levy movement, a one‑time state apportionment windfall and ongoing uncertainty from delayed federal education funds.
The Omaha Public Schools Budget and Audit Committee reported new projections and a timeline for the 2025–26 budget.
Chair Magnuson said current‑year receipts were projected roughly 2% above budget largely because an increased school-lands apportionment doubled payouts this year and special‑education reimbursement was slightly higher than expected. Expenditures are projected to be about 0.25% under budget.
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