OMAHA, Neb. (WOWT) – Omaha Public Schools has adjusted its budget after receiving updated information from the state reducing its expected shortfall for the coming school year.
In November, the state warned districts that they had been overpaid and to expect those allocation amounts to be made up in the next budget year. At that time, the estimated impact for OPS was at least $61 million, and the district warned taxpayers they would likely need to raise the levy to make up for the state’s TEEOSA miscalculation.
On Wednesday, the school district said they were informed “this month” by the Nebraska Department of Education that the aid total OPS will miss in the next school year will be less than the initial estimate…