By J.L. Schmidt
Statehouse Correspondent Nebraska Press Association 

State budget drags forward

 

With less than two weeks left in the session, the 108th Legislature is dragging an overburdened $12.975 billion budget to the finish line.

Passing the budget is the only thing lawmakers are constitutionally required to accomplish. As introduced by the Appropriations Committee, the budget proposal would result in a projected ending balance of almost $715 million above the 3% required minimum reserve. This amount would be available to fund proposals pending before the Legislature this session.

That would leave almost $990 million in the Cash Reserve Fund, said committee chair Sen. Robert Clement...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 04/21/2024 10:34