Nonpartisans in Nebraska
Nonpartisans in Nebraska
While Nebraska is often described as one of the most Republican-leaning states in the country, it also has a long and unique history with nonpartisan governance—from its unicameral Legislature to local offices elected without party labels. This white paper reviews the historical roots of nonpartisan reforms in Nebraska, examines shifts in voter registration over the...
By Laura Ebke
Closing Nebraska’s $262 million Biennial Budget Gap
Closing Nebraska’s $262 million Biennial Budget Gap
Platte Institute’s proposal to address the state’s $262 budget gap is to freeze the growth in two tax credit programs. The two-year freeze would yield $162 million in budget savings which, coupled with a $100 million draw down on the state’s rainy-day fund, would fix the issue for the current budget. Going forward, lawmakers should...
By Michael Lucci
Jim Vokal’s Weekly Email: forecasting update
Jim Vokal’s Weekly Email: forecasting update
Last week, Nebraska’s forecasting board revised its projections, and the news wasn’t good. State revenues continue to fall short of expectations, and lawmakers now face an even larger budget gap than they did just weeks ago. If you caught my email last week, you’ll remember we cautioned against oversteering. That message remains just as relevant...
By Jim Vokal
Budget Season: Keep Eyes on the Prize of Tax Competitiveness
Budget Season: Keep Eyes on the Prize of Tax Competitiveness
As the tail end of the legislative session approaches, it’s important for Nebraska lawmakers to keep their eyes on the prize of state tax competitiveness. Revenue uncertainty requires that lawmakers redouble their focus on fiscal discipline and tax competitiveness. For Nebraska, tax competitiveness isn’t just a national issue, it’s a neighborhood issue. Since the year...
By Michael Lucci
Discriminatory Taxes Make Unreliable Revenue Sources
Discriminatory Taxes Make Unreliable Revenue Sources
As Nebraska lawmakers work to close a revenue gap and consider additional property tax relief, they should focus on revenue sources with the wherewithal to produce revenue over time. Unfortunately, the tobacco tax hike proposed in an amendment 603 to LB 170 not only would fail to be an enduring revenue source, it would risk...
By Michael Lucci
Fix Nebraska’s Truth In Taxation Timeline and Tax Rate Rollback
Fix Nebraska’s Truth In Taxation Timeline and Tax Rate Rollback
Nebraska’s property tax ranks 45th in the nation for overall property tax competitiveness, according to the Tax Foundation’s annual state rankings. One reason that Nebraska’s property tax is so uncompetitive is because the overall property tax burden is so high and because Nebraska’s property tax caps are too loose. These problems are interrelated. Over time, effective...
By Michael Lucci
Eliminate ESU and TPP for the Next $300mm of Property Tax Relief
Eliminate ESU and TPP for the Next $300mm of Property Tax Relief
K-12 school districts account for over $3 billion of all Nebraska property tax collections, making up 60% of the whole. So if lawmakers are looking to deliver tax relief, school district property taxes are a natural target. Lawmakers have used tools from tax credits (beginning with 2020’s LB 1107) to new education funding (such as...
By Michael Lucci
The Power of Community College Dual Enrollment: A Roadmap to Student Success in Nebraska
The Power of Community College Dual Enrollment: A Roadmap to Student Success in Nebraska
Education is the cornerstone of opportunity, and in Nebraska, community college Dual Enrollment has emerged as a game-changer for high school students. By allowing students to earn college credits while still in high school, Dual Enrollment not only accelerates academic achievement but also fosters long-term success in higher education and beyond. For the past five...
By Randy Schmailzl