(A) (1) Unless otherwise provided by law, the Board of Trustees may propose to revise the previously adopted budget statement and shall conduct a public hearing on that proposal whenever during the current fiscal year it becomes apparent to the Board of Trustees that:
(a) There are circumstances which could not reasonably have been anticipated at the time the budget for the current year was adopted;
(b) The budget adopted violated Neb. RS 13-518 to 13-522, such that the revenue of the current fiscal year for any fund thereof will be insufficient, additional expenses will be necessarily incurred or there is a need to reduce the budget requirements to comply with Neb. RS 13-518 to 13-522; or
(c) The Board of Trustees has been notified by the Auditor of Public Accounts of a mathematical or accounting error or noncompliance with the state’s Budget Act, being Neb. RS 13-501 et seq.
(2) The public hearing requirement shall not apply to emergency expenditures pursuant to Neb. RS 81-829.51.
(B) (1) Notice of the time and place of the hearing shall be published at least four calendar days prior to the date set for hearing in a newspaper of general circulation within the Board’s jurisdiction. For the purposes of such notice, the four calendar days shall include the day of publication but not the day of hearing.
(2) This published notice shall set forth:
(a) The time and place of the hearing;
(b) The amount in dollars of additional or reduced money required and for what purpose; and
(c) A statement setting forth the nature of the unanticipated circumstances and, if the budget requirements are to be increased, the reasons why the previously adopted budget of expenditures cannot be reduced during the remainder of the current year to meet the need for additional money in that manner;
(d) A copy of the summary of the originally adopted budget previously published; and
(e) A copy of the summary of the proposed revised budget.
(C) At the hearing, any taxpayer may appear or file a written statement protesting any application for additional money. A written record shall be kept of all such hearings.
(D) Upon conclusion of the public hearing on the proposed revised budget and approval of the proposed revised budget by the Board of Trustees, the Board of Trustees shall file with the county clerk of the county in which the Board of Trustees is located, and with the Auditor of Public Accounts, a copy of the revised budget as adopted. The Board of Trustees may then issue warrants in payment for expenditures authorized by the adopted revised budget. These warrants shall be referred to as registered warrants and shall be repaid during the next fiscal year from funds which are derived from taxes levied therefor.
(E) Within 30 days after the adoption of the budget under § 35.29 of this chapter, the Board of Trustees may, or within 30 days after notification of an error by the Auditor of Public Accounts, the Board shall, correct an adopted budget which contains a clerical, mathematical or accounting error which does not affect the total amount budgeted by more than 1% or increase the amount required from property taxes. No public hearing shall be required for such a correction. After correction, the Board of Trustees shall file a copy of the corrected budget with the county clerk of the county in which the Board of Trustees is located and with the Auditor of Public Accounts. The Board of Trustees may then issue warrants in payment for expenditures authorized by the budget.
(Neb. RS 13-511)