Fairbury Superintendent of Schools Fred Helmink gets a little jittery when talking about District 8 finances. And what school superintendent wouldn't? With rising costs of operations, increased federal mandates and continuing cuts in state aide, Fairbury like most other rural Nebraska school districts, is always waiting for the other shoe to drop.
"It seems like we're always bracing for some sort of bad news when it comes to monies," he said.
On Monday, the other shoe did drop for the Fairbury district. Helmink told members of the district 8 board of education that an unanticipated increase in insurance premiums has manifested itself into an additional $25,000 worth of premiums.
"We sure didn't expect that, it's a huge hit," Helmink said. "Our property insurance is up, but our workman's compensation insurance took an even bigger jump."