On September 14, the Minden Public Schools Board of Education considered an operating budget of just over $11 million. While funding of Minden Public Schools continues to be through local tax dollars within the district, the school continues to limit the increase in their budget.
Kearney County saw the most significant valuation drop in the state, and valuations for Minden Public Schools decreased by $100 million. Valuation in the district, as determined by the County Assessor, fell approximately 7.62% to roughly $1.2 billion. The Minden community has dropped almost 4.8% in valuation over the last three years.
Due to the $100 million decrease in valuation, the levy will naturally increase. When looking at the budget, the overall budget amount is very similar to last year. The levy number changed due to the decrease in valuations. The combined General Fund, Special Building Fund, and Bond Fund levies of $0.909 are well within the $1.05 state levy lid.
for full story see September 16 Courier