Reliable, Trustworthy Reporting, Capturing The Heartbeat Of Our Community
Reliable, Trustworthy Reporting, Capturing The Heartbeat Of Our Community
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Last week, the Legislature gave final round approval to the two mid-biennium budget adjustment bills: LB1412 and LB1413. The two bills will increase the state budget by 2.7% in this two-year period, which is up from the 2.3% approved last year. The primary factor for this growth is due to an additional $94.1 million increase in state aid to schools, which accounts for actual education spending now that LB583 has taken effect. LB583 was passed last year as a revision to the TEEOSA school-funding...
Our September State Board of Education public meeting was held at the Leadership Center in Aurora. State Board of Education meetings are typically held on the first Thursday and Friday of most months of the year. Thursday is a workday during which committees meet. The four committees are the Executive, Rules and Regulations, Budget and Finance, and Planning and Evaluation. I serve on the Budget and Finance and Planning and Evaluation committees. Much discussion takes place during the workday to...
During the interim, I have talked to many constituents who had questions regarding a bill enacted by the Legislature earlier this year: LB583. LB583 makes adjustments to the Tax Equity and Educational Opportunities Support Act formula for state aid to Nebraska's public schools. As reported in the Unicameral Update, "Under LB583, introduced by Bellevue Sen. Rita Sanders at the request of Gov. Jim Pillen, the state will pay public school districts $1,500 in foundation aid per student beginning...
The Legislature gave second-round approval to the budget bills this past week. This effort will allow the budget to be read on Final Reading next week, meeting the requirement to have it pass by the 80th legislative day. The budget would provide money for capital construction projects such as the Perkins County Canal Project and a new prison facility. Additional funds are appropriated to cover salary increases recently negotiated with the state employee’s union and for staff at correctional f...
This week saw the Legislature continue the discussion of the governor’s school finance and tax package. LB 243, as amended by the Revenue Committee, would make a series of changes aimed at easing the financial impact of increasing property tax valuations on Nebraska’s local property taxpayers. Among changes proposed, the measure would increase the minimum amount of relief granted under the Property Tax Credit Act to $388 million in tax year 2024 and $560 million by tax year 2029. This amo...
There’s an acronym that has been stirring things up in government for the last 30-plus years. It’s called TEEOSA and the mere mention of its name sends senators to consult with staff, lobbyists to check their wallets and school administrators to check with their budget gurus. Since it was passed in 1990, the Tax Equity and Educational Opportunities Support Act has been revamped, revised, retooled, debated and forgotten. Gov.-elect Jim Pillen calls it “our antiquated school aid formula” and has...
Last week, we began debate on the budget, after receiving a briefing from the Appropriations Committee chairman, Senator Stinner. The budget for the next year calls for an increase in the general fund expenditures of roughly $9.7 billion, growing by around 1.7% per year from previous budgets. Key provisions of the budget include substantial increases to several funds. The most important of these increases are the two funds relating to property tax relief. The proposed budget increases the Proper...
KATIE ANDERSON Nebraska News Service Property tax relief is on the agenda for the 17-day legislative session later this month, but opponents argue that the proposed property tax relief plan will hinder school district spending and taxing authority. State Sen. Lou Ann Linehan of Elkhorn, chairwoman of the revenue committee, is leading the charge to get a property tax relief package passed when the Legislature resumes on July 20. “We have a property tax crisis more severe now in agriculture but moving toward suburbia,” Linehan said. “If you b...
