Elkhorn Public Schools board packet shows $20.6 million general fund balance, lists large payroll and construction payments

Elkhorn Public Schools’ board packet dated Feb. 9, 2026, shows a General Fund ending balance of $20,637,717.05 on Jan. 31, 2026, down from a Jan. 1 beginning balance of $23,747,037.37. January activity included $12,843,092.23 in receipts and $8,207,429.35 in disbursements; payroll taxes and electronic submissions totaled $3,336,524.82 and net payroll was $5,606,053.85.

The packet includes itemized check runs and non-check postings. Printed checks for the General Fund totaled $2,310,852.25 for the listing, while non-check (electronic) activity for the General Fund totaled $9,557,279.57 across posted entries and payroll transactions. A payroll-related posting of $5,475,142.81 to Pinnacle Bank appears in payroll lines recorded in mid-January.

Vendor and contract payments listed in the packet include multi-hundred-thousand-dollar entries tied to facilities and utilities. Notable items include a $198,321.76 payment to Omaha Public Power District for utilities and construction-related payments recorded in the Construction Fund such as $939,893.20 to Prairie Construction Company and $127,227.03 to Jackson Jackson & Associates.

Separate fund summaries in the packet show activity across capital and operating funds. The Depreciation Fund ended Jan. 31 with $2,337,042.06 after a listed check of $21,959.24. The Building Fund showed ending assets of $2,716,522.37. The Construction Fund lists an itemized check run totaling $1,194,566.78 for the period and an ending construction-account balance of $2,070,350.07.

School-level and auxiliary funds also appear: the Activity Fund reports consolidated school activity assets of $1,922,557.80 with a check-run total of $128,772.56; the Hot Lunch Fund reports ending assets of $3,475,325.65 with multiple Sodexo and food-service postings; and the Student Fee Fund ended the period with $466,515.54 and a $7,157.81 check-run total.

The board packet includes internal notes about system variances created during the fiscal-year roll and flags that an "extra duty" journal entry was not posted in January, which could increase February entries. The packet is presented as informational financial reports for the board’s review; no motions or votes are recorded in the printed listings provided.

The report will serve as the basis for routine financial oversight at upcoming board reviews and for tracking capital disbursements tied to ongoing construction projects.