J.l. Schmidt, Statehouse Correspondent, Ne Press
Tuesday, May 9, 2023
Are the State’s Coffers Really Flush? Is a Tax Cut Sustainable? As if propping up the school aid formula to historic proportions wasn’t enough, the new governor appears to be getting his way in the Legislature with a package of tax changes that could cost the state more than $3 billion over the next six years. The plan would increase Nebraska’s two property tax credit programs, cap school property tax growth and eliminate almost all community college property taxes.