Educational Lands and Funds, Board of, Historical Expenditures

Spending by major account category

This page uses Adobe Flash Player to display information graphics. You need to upgrade your Flash Player in order to view correctly. Click this link to download the latest Flash Player, free: http://www.adobe.com/products/flashplayer/

Fiscal years ended June 30, 20xx

Sources: Nebraska Annual Budgetary Report for the year ended
June 30, 2012 - Schedule of Expenditures by major account category, pages 42-52
June 30, 2011 - Schedule of Expenditures by major account category, pages 42-52
June 30, 2010 - Schedule of Expenditures by major account category, pages 42-52
June 30, 2005 - Schedule of Expenditures by major account category, pages 42-53
June 30, 2000 - Schedule of Expenditures by major account category, pages 44-57

The Board of Educational Lands and Funds was established by the Nebraska Constitution to serve as Trustee of lands contributed to the State in 1867 by the federal government. As Trustee of these lands, the Board is bound by fiduciary duty to its beneficiaries---Nebraska's K-12 public schools. In exercising this fiduciary duty, the Board must use the judgment and care that persons of prudence and intelligence would exercise in the management of their own affairs.

The Board and its staff are firmly committed to the mission of maximizing income, exercising careful stewardship of the land, and treating our Lessees fairly. In pursuit of these goals, every effort is made to conduct the Board's business consistent with a profit motive patterned after the most efficient enterprises in the private sector.

The net income from the Trust is deposited in the Temporary School Trust Fund, which is distributed annually to the K-12 public schools statewide on a per-pupil basis. Proceeds from land sales and mineral royalties are deposited in the Permanent School Trust Fund. The Permanent Fund is managed by the Nebraska Investment Council. The net income from the Permanent Fund is also deposited to the Temporary Fund and distributed to the public schools each year.

http://www.belf.nebraska.gov/

Agency Historical Expenditures

Select any agency from the drop down menu, or click on the agency name in the data table to see information about that agency, including spending by major account category for the past 12 years. For a defintion of terms, please visit the glossary.

Select An Agency:

Year	Personal Services	Operating Expenses	Travel	Capital Outlay	Government Aid	Total
2012	$2,184,909	$10,128,779	$28,175	$33,938	$0	$12,375,801
2011	$2,163,880	$9,624,527	$30,575	$63,098	$0	$11,882,080
2010	$2,128,816	$8,955,212	$34,281	$65,757	$0	$11,184,066
2009	$2,135,613	$8,533,827	$36,749	$135,752	$0	$10,841,941
2008	$1,999,867	$7,738,834	$31,470	$101,326	$0	$9,871,497
2007	$1,891,989	$7,612,752	$36,667	$1,632	$0	$9,543,040
2006	$1,781,610	$7,222,069	$37,593	$49,864	$0	$9,091,136
2005	$1,841,677	$6,792,103	$33,794	$283,741	$65,461	$9,016,776
2004	$1,804,750	$6,423,408	$38,304	$541,934	$15,918	$8,824,314
2003	$1,788,357	$5,757,880	$33,637	$332,884	$0	$7,912,758
2002	$1,751,898	$3,213,772	$36,470	$548,205	$0	$5,550,345
2001	$1,675,265	$757,033	$31,980	$377,822	$0	$2,842,100
2000	$1,638,496	$769,539	$33,028	$383,817	$0	$2,824,880
Total	$24,787,127	$83,529,735	$442,723	$2,919,770	$81,379	$111,760,734

Sources: Nebraska Annual Budgetary Report for the year ended
June 30, 2012 - Schedule of Expenditures by major account category, pages 42-52
June 30, 2011 - Schedule of Expenditures by major account category, pages 42-52
June 30, 2010 - Schedule of Expenditures by major account category, pages 42-52
June 30, 2005 - Schedule of Expenditures by major account category, pages 42-53
June 30, 2000 - Schedule of Expenditures by major account category, pages 44-57