NEBRASKA GOVERNOR JIM PILLEN AND SEVERAL STATE SENATORS HAVE ANNOUNCED A SERIES OF BILLS AIMED AT INCREASING SCHOOL FUNDING AND REDUCING SCHOOL RELIANCE ON PROPERTY TAXES.
PILLEN EDU1 OC…ARE ACCEPTABLE. :18
LB 583, INTRODUCED BY SENATOR RITA SANDERS, CALLS ON THE STATE TO ALLOCATE $1,500 ANNUALLY FOR EVERY K-12 PUBLIC SCHOOL STUDENT THROUGH THE TAX EQUITY AND EDUCATIONAL OPPORTUNITIES SUPPORT ACT.
PILLEN EDU2 OC……..AND STATE FUNDING. :23
THE PLAN WOULD INCREASE EDUCATION FUNDING BY TWO POINT FIVE BILLION DOLLARS THROUGH 2030.
PILLEN SAYS TEACHER RETENTION AND MENTORING ARE ALSO PART OF THE PROPOSALS:
PILLEN EDU3 OC………DESERVES ONE. :16
THE PLAN WOULD ALSO LIMIT SPENDING INCREASES BY LOCAL SCHOOL BOARDS, CREATING A THREE PERCENT CAP ON PROPERTY TAX REVENUE THAT A SCHOOL DISTRICT RECEIVES.
IT IS A SOFT CAP THAT CAN BE OVERRIDDEN BY 75 PERCENT OF VOTING SCHOOL BOARD MEMBERS OR THE APPROVAL OF 60 PERCENT OF THE DISTRICT’S REGISTERED VOTERS, SHOULD THERE BE A NEED.
