Creighton Maintenance and Operation Override

Creighton Maintenance and Operation Override
Posted on 08/21/2018

2018 Creighton School District Maintenance and Operation Override 

Factual Information 

District Overview 

Established in 1884, the Creighton School District serves approximately 6,400 students in nine K-8 elementary schools. The district employs 840 staff members, buses students more than 200,000 miles per year, and serves 2,000,000 meals annually. At Creighton our vision is to inspire Adventurous Thinkers, Collaborative Learners, and Kind-Hearted Leaders. 

The district was recently recognized by the Government Finance Officers Association for Excellence in Financial Reporting for its comprehensive financial report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting. 

In addition, the district was also recognized by the Association of School Business International with a Certificate of Excellence in Financial Reporting for the fiscal year ended 2017. This award represents a significant achievement and reflects the district’s commitment to transparency and high-quality financial reporting.

Revenue Sources 

The district receives money from several sources: the state and federal governments, local property taxes and grants. Under state law, the district may spend the funds in two ways.

  • Maintenance and operations funds are used for running the schools including employee salaries and benefits, utilities, classroom supplies and transportation.
  • Capital funds are used to build and equip schools, repair and upgrade existing buildings, buy school buses and purchase technology.

 

Budget Override Frequently Asked Questions

What is a Maintenance and Operation Override?

A Maintenance and Operation Override allows school district voters to approve additional funding for operational expenses. The override would allow the district to exceed its budget by 15 percent. If approved, the election authorizes an increase for seven years, but the override must be renewed every five years to maintain full funding.

Has the district been operating under a Maintenance and Operation Override?

Yes, Creighton School District  has been operating under a 15 percent Maintenance and Operation Override authorized by voters in 2014.

What does the override pay for?

Increasing and/or maintaining access to:

  • Full-day kindergarten
  • Art, music, and physical education
  • Opportunities for gifted students
  • Supporting competitive salaries to attract and retain teachers and staff.
  • Providing supplies and materials for classroom instruction

     

    The override funds school safety, including:

  • Assistant principals
  • Nursing and custodial staff
  • Supervisory Aides
  • Expansion of transportation through unsafe zones

What will the Maintenance and Operation Override cost me?

For your personal tax impact, check your tax bill. The owner of an average home in the district pays $200 a year.

Will I have to pay additional taxes if the Maintenance and Operation Override continuation passes?

No, the estimated secondary tax rate for the proposed Maintenance and Operation Override is approximately equal to the existing secondary tax rate for the current Maintenance and Operation Override. 

How much does the district have to cut its budget if the override fails?

If the override is not continued, the district will need to reduce its budget by approximately $1,588,235 million for each of the next three years for a total reduction of $4,764,705 million.

How will the override appear on my ballot?

On the ballot it is referred to as a “BUDGET OVERRIDE CONTINUATION.”

What is the difference between a bond and an Maintenance and Operation Override?

A bond provides the district additional funding to use for capital items such as new buildings, additions or renovations to buildings, school buses, equipment and technology. Creighton voters last approved a bond in November 2016. A Maintenance and Operation override is for day-to-day operational expenses including salaries and benefits, classroom supplies, utilities and transportation. Creighton voters approved the current Maintenance and Operation Override in November 2014.

Why doesn’t the district use the bond funds or school tax credit donations for the needs funded by the override?

State statute dictates how various funds can be spent by a school district. The district is not permitted to use bond funds or tax credit donations for classroom salaries and benefits, programs or training.

 

 

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