Bills would support northeast Nebraska

The Nebraska Economic Forecasting Advisory Board met on Feb. 28 and voted to increase revenue projections for the upcoming 2025-2026 and 2026-2027 fiscal years. The board forecasted, in October of last year, that the state was facing a budget shortfall of $432 million. With the latest forecast, Nebraska is projected to receive up to $165 million in potential new revenue, reducing the state’s budget shortfall to about $198 million. Revenue projections for the current fiscal year were raised based on an anticipated increase in corporate income tax receipts, offset by projected decreases in misce...