LPSPedia

Terms, phrases and acronyms used at LPS

Budget

The Associate Superintendent for Business Affairs is responsible for assembling the annual
budget document.  The budget document is prepared as directed by the Nebraska Department of Education (and the auditor of public accounts) and is submitted to the proper authorities in accordance with Nebraska statute.

The LPS Board of Education authorizes a proposed budget statement for purpose of publication.  Summaries of the proposed budget are available to the public, containing recommended expenditures and anticipated receipts and a summary of significant changes from the previous budget.

The public is given an opportunity to comment on the proposed budget.

After public hearings, the proposed annual budget document is adopted, or amended and adopted.

The Lincoln Public School’s annual budget, as approved, becomes the spending plan for the Lincoln Public Schools.