A core function of OpenSky Policy Institute is to provide reliable data, information, and solutions regarding revenue proposals and existing policies in an effort to put the state on a sustainable long-term growth path that balances the needs of its citizens with the capacity of the revenue structure.
An amendment to LB 388 (AM 3419) is scheduled to be debated on select file on Wednesday, Day 58 of the 60-day session. Here’s a few things to know about the evolving [...]
17% From 2020 to 2022, the number of licensed child care facilities in Nebraska dropped by 17%, a decline that contributes to ongoing economic, educational and workforce challenges. The annual Kids [...]
The package of bills designed to lower property taxes paid to fund local government services is a complicated equation, but what does it add up to for Nebraska’s students? The proposal included [...]
The proposal to lower property taxes paid to fund local government services will reduce property taxes paid by property owners, but it’s important to understand how the package that raises the state [...]
https://youtu.be/NgHmxFF7dXo The tax package designed to lower property taxes paid to local political subdivisions would increase the tax burden on low- and middle-income working families and make it increasingly difficult [...]
https://youtu.be/Kv_4YUgFjpM The budget package advanced to the final round of consideration is marked by notable mid-biennium adjustments, including a sizable sweep of cash funds to the state’s general fund – [...]
22% New analysis by The Tax Foundation largely mirrors analysis by OpenSky that the ballot initiative to eliminate income, property and inheritance taxes in Nebraska would require a statewide consumption tax rate [...]
A budget package forwarded by the Appropriations Committee leaves $575 million in the state’s general fund by the end of the current biennium in FY 25. But other facets of the proposal [...]
244 We all know that school funding in Nebraska can be complex. With the Legislature committing additional funding to K-12 education in 2023 while implementing a new cap on school district revenues, [...]
https://youtu.be/3O_Ijc6GHcg The Legislature continues to weigh proposals as part of the Governor’s plan to reduce property taxes collected by political subdivisions. A key component of this proposal may be some form [...]