The term “cash balances” in the school finance world may be better understood if they were called “reserve balances”. These cash, or reserve balances normally peak on the first day of the fiscal year which is July 1. In the ideal situation, these reserve balances are adequate to pay the expenses for the next fiscal year.
The Kansas school finance system is based on “fund” accounting. There are several funds or maybe better called “pools” of money in addition to the general fund. For instance, at-risk, driver education, special education, food service, capital outlay and professional development to name a few.
Money for several of these funds are channeled through the general fund and sometimes, funds from the general fund are used to supplement special funds. The current school finance law requires any general fund balance on June 30 be returned to the State treasury. Consequently, at the end of the fiscal year, districts transfer any remaining balance after all expenses are paid to special funds.
Since school district officials have no guarantee of funding from year-to-year, additional dollars may be transferred to the special funds resulting in carryover balances. If a district loses state aid in the general fund, the carryover balances may relieve the need for transfers in a certain year.
In our personal lives, we are encouraged to set aside money in savings accounts or investments. School district cash balances are the same concept.
USD #115 ESI Information
This link will provide you with information, policy, and resources related to USD #115 Nemaha Central ESI The hyperlink above is where you can find the ESI documents, information, policies, and resources if you have further questions . . . read more
Need to know if school is dismissing early? Can't remember what time the basketball game is? Have no fear because Textcaster is here! By signing up for the "USD 115 Alerts," you will receive both text messages and e-mails to alert you of . . . read more
Strategic Planning 2015-2018 Target Area: Public Relations . . . read more
Start off your Independence Day Celebration by participating the the Nemaha Central Educational Foundation Golf Tournament on July 1, 2016. 2016 Golf Tournament Registration Form read more
Building calendars available online Nemaha Central Elementary / Middle School Calendar Nemaha Central High School Calendar NCHS Purple / Blue Calendar IF you have a Google account, you may click on the . . . read more
The Kansas State Department Education recently informed the USD #115 Nemaha Central Superintendent, Darrel Kohlman, that the District had received a perfect score on the Transportation Safety Review for the 2014-2015 school . . . read more
At the May 11, 2015 Board of Education meeting the following Mission Statement, Vision Statement, and Core Beliefs were approved by the Board in conjunction with the updated Strategic Plan Mission Statement, Vision . . . read more
The Shopko Hometown Foundation will donate up to $2,000 to your local School District. Customers who visit your neighborhood Shopko Hometown between November 30 th and December 24 th . . . read more
The Nemaha Central School District makes up 225 square miles in Nemaha County. With buildings located in Seneca please see the home page for links to each of the individual buildings’ web pages. The other communities that are served by . . . read more
USD 115 has complied with federal and state asbestos regulations. Some of the building materials at the B&B facilities do contain asbestos. These materials are periodically inspected and maintained to ensure that they do not present a . . . read more
USD #115 Nemaha Central Off To A Great Year
I have always said that one of the best parts of being involved in schools is there is a new beginning every year. With the start of new year, come changes and this school year is no different. One of the changes we have this year is . . . read more
If you are having trouble navigating your way through the new USD 115 website, this article will provide some simple tips that may help you find what you are looking for. One of the first things you will notice on the web site is there are . . . read more
The District The Nemaha Central School District makes up 225 square miles in Nemaha County. With buildings located in Seneca, Baileyville, and St. Benedict; please see the home page for links to each of the individual buildings’ . . . read more
Have you always wanted to be a Super Hero? Well you could be, by stopping the violence in your school. Not only teachers and school staff can stop it, but so can students. Everyone needs to be educated on school violence and bullying. . . . read more
Nemaha Central Schools U.S.D. No. 115 Seneca,Kansas "Pride in Educational Excellence" The District The Nemaha Central School District makes up 115 square miles in Nemaha County. While all school buildings are located in . . . read more
USD 115 Nemaha Central Schools Bullying Prevention Plan INTRODUCTION The USD 115, Nemaha Central Schools, Bullying Prevention Plan is designed to comply with K.S.A. 2007, 72-8205, 72-8256 and 72-8256 (a). This law . . . read more