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Budget committee: state aid error complicates 5-year forecast but reserves remain above board minimum

Board of Education, Douglas County School District 1 (Omaha Public Schools) · February 3, 2026

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The OPS budget and audit committee reported Jan. 30 projections and a five-year forecast Feb. 19, noting a Nebraska Department of Education state-aid calculation error that could reduce revenue; the committee said it does not currently project increased general-fund spending and plans a disciplined approach to manage the shortfall.

Miss Magnuson, reporting for the budget and audit committee, told the board the committee reviewed preliminary budget projections for 2026-27 and updated a five-year forecast at its Jan. 30 meeting. She said the Nebraska Department of Education will release…

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