NPS Board Approves Budget

NORFOLK - The Norfolk Public Schools Board of Education has approved a budget that members hope will allow the district to weather out one or two tough financial years. The budget for the 2012-2013 year includes bond refinancing and transfers from the cash reserve to finance the general fund and some safety-related capital improvements. The bond funds require a tax levy 6 cents below this year's rate. Superintendent Marlene Uhing says the district is in as stable a position as possible, given flat property valuations, decreases in both state and federal aid, and the fact that the general fund tax rate is at the maximum allowable level.

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