By LuAnn Schindler
Publisher
Initial start-up money to be returned
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December 12, 2019
Schools in Nebraska Unified District #1 will receive initial start-up funds when the district dissolves, June 5.
Board of education members directed Superintendent Dale Martin, at its Nov. 18 meeting in Verdigre, to have legal council draft a resolution stating that physical assets at each site would be retained by that site, each distrit would receive their intial start-up funds and the balance of cash assets would be divded by current valuation.
According to Martin, Clearwater Public Schools contributed $359,934; Orchard Public Schools, $354,435 and Verdigre Public Schools, $360,113.
“The funds were placed into the general fund account and used to run the school district,” Martin said.
In other business, the board:
• Approved the district’s 2018-2019 audit with Marcy Luth.
• Reviewed the ceterified staff early retirement policy. No action was taken.
• Heard from Martin about property tax issues in the legislature.
The board is scheduled to meet Monday, Dec. 16, in Clearwater, at 5:30 p.m.
Agenda items include school safety reviews, discussion and possible action on an agreement to dissolve unification and superintendent’s evaluation.
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