A key state lawmaker says the looming hole of several hundred million dollars in the Nebraska state budget will very likely have a significant impact on the state’s school districts.
“In terms of finance, yes, there’s no question,” according to Senator Greg Adams, of York, chairman of the legislature’s Education Committee.
“How big? That’s going to depend on the school district. It’s going to depend on the October forecast. It’s going to depend on where we’re at in January and the February forecast. The reality is, we’re going to have to cut back,” Adam says.
He says there will also have to be cuts to the state university budgets, to the community college budgets and “virturally every other segment of the budget.” Adams says districts that are bumping up against their spending lid will have the most problems.
Adams says the loss of state aid to many districts will likely put additional pressure on the property taxes Nebraskans pay. He says, “When you remove state aid, then the districts say okay, what do we replace it with? Well, property tax.”
The state is facing an estimated budget gap of between $600- and $700-million.
Thanks to Jerry Oster, WNAX, Yankton