The school aid fund that Nebraska lawmakers established this year with the goal of reducing property taxes at Gov. Jim Pillen’s urging will dwindle faster than state officials initially projected, according to a new report made public Monday.
Nebraska’s Legislature established the Education Future Fund this year and poured $1 billion into it, with $250 million more set to go into the fund each year going forward.
Lawmakers created the fund to guarantee $1,500 of state support for every public school student in all Nebraska school districts while boosting state support for special education funding.
