Loomis Public Schools
Community Input Meeting #2
Welcome
Scott Schukar - Board President
Mike Szekely - Vice President
Farren Nelson - Secretary
Luke Thorell - Treasurer
Kelly Anderson
Denny Pouk
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Purpose of the Meeting
1. To update the public on the progress of the process.
2. To gain input, feedback, and insight regarding the new design and finance options of the proposed facility updates for Loomis Public Schools.
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Packed Classrooms
1. We have had to split classes. Rooms are tight with 20+ students.
2. All of the current rooms in the school serve a purpose, which leaves us with no extra space to pull students or have additional classes.
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Working in in-adequate spaces
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Industrial Technology Space
LPS currently offers:
Classes are limited to 15 students.
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Wrestling Room
With the addition of NSAA Girls Wrestling there are space restrictions.
25-26 Season - 16 boys, 5 girls,
5 coaches
Youth Program - Average 25-30 kids. (Currently run 2 groups)
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Hallway Storage
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Weight Room
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The current space is 865 sq. ft. A safe weight room area 10 sq. ft. per student.
Classes are limited to 16 students per class.
We currently have 1 class with 23 students.
4 weights classes offered
Nursing Station
We do not have a place for sick students to wait for their parents to pick them up.
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Added classes
Home EC - Student Request
Alternative Kindergarten
Potential Summer Program
The students in grades 8-11 were surveyed. 65% requested Home Ec classes be added in the future.
The Home Ec room is currently used for FFA.
LPS had 31 students on the Pre-school list this year.
A Summer program would enable students to read, write and enjoy fun activities.
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Cost of a 1st year teacher
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Salary - $40,000
Health Benefits - $9,839.40 – Family - $26,301
Dental – $381.36
LTD/STD/Life/AD&D - $390
Retirement – $3,232
FICA - $3,060
Total - $56,902.76 – Single
Total - $73,364.36 – family/spouse/children
Past Enrollment
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Option Enrollment
24-25 Current Option IN – 107
25-26 Option IN – 103
Net Option Funding -
25-26 - $816,600
24-25 - $828,652
24-25 Option OUT – 25
25-26 Option Out - 26
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WOL
V
E
S
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Our Why…
The Board of Education and the administrative team of LPS are truly taking this process seriously. Attention is being given to all aspects of this type of project, namely:
1) The financial burden placed on all district stakeholders.
2) What is needed to create a quality and viable educational option for the Loomis District residents, as well as, potential option enrollment students. Loomis Public Schools has used option enrollment to its benefit for many years and creating the best learning environment puts our best foot forward to continue to be a viable option for all students.
WOLVES
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Our Why…
3) Making Loomis an attractive option in the event that voluntary or forced mergers of school districts ever has to become a part of our future story.
4) How this process can best benefit the community. Not only could a construction project create a short-term financial impact to the community through the numerous construction workers that will pass through over a 18 month time frame, but the long-term vitality of the community truly hinges on having a school in town well into the future.
We view Loomis Public Schools as something worth fighting for, both for our current staff/students and for future generations of students and community members that call Loomis home!
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Facility Audit Summary
Conference School Comparison
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Expenses with Addition
Wilcox - $2500 per month roughly.
Amherst - $1500 per month
Both facilities added more square footage.
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PROJECT DESIGN CONCEPT
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Option C.4
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Option C.4
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Option C.4
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Option C.4
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Option C.4
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Option C.4
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Option C.4
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Option C.4
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PROJECT COST INFORMATION
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“ALL-IN” PROJECTED COST
oOPTION C.4 = $19.75 MILLION
oIncludes Hard Construction Costs, Cost Escalation/Inflation,
Contingency, Design/Engineering, Bond Issuance Costs, Furniture/Equipment, Testing
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FINANCIAL/TAX INFORMATION
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⇨24-25 Valuation $599,280,361
24-25 LB 2 Valuation $444,395,750
LB 2 went into effect January 2022 and reduces ag land from 75 to 50 percent assessed value for purposes of the bond.
Results in a higher bond levy and a shift from ag land to all property in the district for the bond payment only.
Impact of LB2 Valuation
$19,750,000 Bond Issue*
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Taxpayer Impact-29.8 Cents
Property (residential, commercial, farm)
Per Month Per Year
$100,000 $24.83 $298
$210,317 $52.25 $627
$500,000 $124.17 $1,490
Ag Land (per year)
Per acre Per Quarter
Irrigated $11.68 $1,869
Dryland $5.11 $ 818
Grass $2.39 $ 382
*Based on average assessed value per acre Phelps County 2024 NE Dept of Rev Report.
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$19,750,000 Bond Issue*
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Taxpayer Impact-24.2 Cents
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Property (residential, commercial, farm)
Per Month Per Year
$100,000 $20.17 $242
$210,317 $42.42 $509
$500,000 $100.84 $1,210
Ag Land (per year)*
Per acre Per Quarter
Irrigated $9.40 $1,504
Dryland $4.12 $ 659
Grass $1.93 $ 309
*Based on average assessed value per acre Phelps County 2024 NE Dept of Rev Report.
Other Financial Considerations
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Tax Impact Examples (29.8 cents):
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Property
Current valuation X .00298 = Annual Tax Impact
$200,000 X .00298 = $596/year
Ag Land (LB2)-$1M market value
Assessed Valuation / .75 X .50 = LB2 Valuation
$750,000 / .75 X .50 = $500,000
$500,000 X .00336 = $1,680 (new bond)
- $750,000 X .00038 = $ 285 (old bond)
$1,395/year
Questions