May 19, 2024
Funds

Legislators advance school aid changes, but LB 1331 will not happen unless funds can be found • Nebraska Examiner

LINCOLN — State lawmakers advanced the second part of Gov. Jim Pillen’s property tax reduction plan on Wednesday, but its massive increase in state aid won’t happen unless funding can be found for the hoped-for $1 billion shift. Legislative Bill 1331 would increase per-pupil “foundation aid” from the current $1,500 to $3,000, funding the hike

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Property

Nebraska lawmakers approve school funding portion of Gov. Pillen’s property tax relief plan

Nebraska senators approved the school funding portion of the governor’s property tax relief plan. LB 1331 would increase the amount of foundational aid paid to public school districts.It would go from $1,500 per student to $3,000 per student.The bill would also adjust the school funding formula known as TEEOSA, so districts do not lose out

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