Governor Jim Pillen announced plans to shift Nebraska’s K-12 school funding away from local property taxes, proposing that the state take on an additional $1.65 billion in funding. This proposal, discussed during a town hall in Columbus, aims to stabilize education financing while also seeking to limit annual spending increases for local political subdivisions to either 0% or the consumer price index (CPI), which was 3.3% in May 2024.
Questions Remain as Gov. Pillen Doubles Down on Taking Over K-12 Public School Funding
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