Initial start-up money to be returned
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.
“T...
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