- Omaha Public Schools faces a $50.6 million budget shortfall caused by a Nebraska Department of Education miscalculation tied to free and reduced-price lunch program funding.
- The district’s proposed budget includes a property tax increase of about $1.05per $100 of taxable valuation to close the gap.
- District leaders have begun a series of public presentations to discuss the budget’s impact on taxpayers, with more meetings still to come.
BROADCAST TRANSCRIPT:
Omaha Public Schools is facing a $50.6 million budget shortfall for the upcoming school year after an error by the Nebraska Department of Education.
The shortfall stems from a miscalculation involving state and federal funding tied to the free and reduced-price lunch program, which resulted in the district receiving more funding than it should have…