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5406096105ffb Waverly Middle School students listen to directions from the teacher.
Waverly Middle School students listen to directions from the teacher.

District News Update September 3, 2014

September 03, 2014

The school year is off to a great start. Students and staff are getting settled into the daily routine. School activities and events are listed on our calendar - click here to view.

The Nebraska Department of Education released state testing results (NeSA) from the 2013-14 school year. Thanks to the teachers, staff, and students for their collective efforts, students in District 145 continue to demonstrate growth and improvement each year. Click here to view test District 145 test results.

Waverly High School graduates outperform their peers on the ACT exam, and exceed state and national averages. Click here for details.

Elementary Art Program added in 2014-15. Waverly graduate selected as the elementary teacher.

District 145 Foundation for Education got the year off to a positive start by providing breakfast for all staff. This is one of the many activities conducted by the FFE.

Parent technology night offered by District 145 Technology Director.

District 145 bond issue will be decided by voters on November 4, 2014.  Learn more about the process, the projects, and financial information.

Connect with us on Facebook for up to date school information and photos of students engaged in learning. No account necessary.

September 2, 2014 Board of Education Meeting

The Board of Education met on September 2 at the District Office.

A public hearing was convened for the purpose of hearing support, opposition, criticism, suggestions, or observations of taxpayers relating to the 2014-2015 proposed budget.

During each monthly meeting a presentation is given. Mr. Scott Blum, Director of Learning, presented information regarding the state test results, ACT scores, and Career and Technical Education grant that has been received from the Nebraska Department of Education.

The superintendent reported that student enrollment has increased from last year. Official enrollment occurs on the last Friday in September, as required by the State. For the first time in District 145 history, we have exceeded 1,900 students enrolled in grades K-12. Board members were informed about the FFA celebration that will occur in December 2014 to honor the 85th year of the Waverly FFA chapter.

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5406096105ffbWaverly High School science students receive instructions prior to a class activity.
Waverly High School science students receive instructions prior to a class activity.

The Building/Grounds/Transportation committee reported on the progress of maintenance projects that were completed over the summer, including skylight replacement. Policy committee has met to review policies, which will be presented at the next board meeting. Board member Landon, the representative to the Foundation for Education reported on the FFE meeting held in August.

The Board took action to:

1. Approve an agreement with the City of Lincoln, City of Waverly, and Honey Creek Restaurant for use of School District 145 - Waverly property as a multi-material drop-off location for recycling purposes effective November 1, 2014 through“ October 31, 2015.

2. Approve the 2014-15 district budget as was published in the public notice. Our property valuations for the General Fund increased 5.87% in the district over last year. The General Fund budget will increase 3.46%. The 2014 total tax levy will be $1.202, which is lower than the 2013 levy of $1.2166. This is the lowest total tax levy since 2004-05. State law requires school districts adopt a budget in September, and set the tax levy by October. The school bond election on November 4 will have no impact on the 2014 tax levy since the election date occurs after the 2014 school budget has been determined.

Our budget allows us to maintain our current educational programs and activities. We will  continue our efforts to become more efficient, and prioritize how to spend our limited resources. Approximately 80% of our district expenditures are for personnel costs, approximately 11% is for maintenance and operations of facilities, and the remaining portion of the budget is for everything else (curriculum, technology, supplies, transportation, etc).

3. The Board approved a line of credit (same as previous years) to be accessed as needed.

The 2013-14 fiscal year for the district concluded on August 31, 2014. 

Each fiscal year we take out a loan to meet our monthly expenditure obligations. As required in state law, at the end of the fiscal year we will pay back the amount of money we borrowed (plus interest). By the end of the fiscal year (August), we have received enough tax revenue to pay off the loan. School districts are allowed (by statute) to utilize Tax Anticipation Notes. 

As reported to the Board, we want to reduce our reliance on the line of credit over time. Ideally, we would have enough cash on hand to cover three months of expenditures. Currently three months of expenditures is $4,800,000. We expect to have approximately $1,500,000 in cash on hand in September 2014. The reason why cash flow is important, is that school district expenditures occur on a regular basis (monthly), but receipts are not received equally each month. This requires us to utilize short-term borrowing - which is the reason the Board annually approves a line of credit.

School Year

Loan Amount

Interest paid

2013-14 $3,508,009  $65,335
















District 145 revenue is mainly from local property tax collections, state and federal aid. The local and state revenue is received in payments during the year, meaning most of the revenue is not available at the start of the fiscal year. To receive federal dollars, expenditures are made by the district first, then application is made for reimbursement.

In other action, the Board approved an amendment to the negotiated contract with the Waverly Transportation Association regarding payment for Department of Transportation physicals.

The next regular meeting will be October 6 at Eagle Elementary School.

We are fortunate that our district has a growing student population. We are fortunate to have tremendous support from parents and patrons. 

Thanks to the efforts of all personnel, including transportation, food service, maintenance, custodial, grounds keeping, office staff, teachers, support staff, and administrators, we are off to a great start this year. With our collective efforts, we will continue to provide a positive environment, which translates into enhanced student learning.

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