BoardSidebar Policy Brief: Economic Forecasts

The next Nebraska Economic Forecasting Advisory Board meeting is Friday and the board’s action will likely cause a reaction in the State Capitol. Oftentimes, the board’s actions are followed by calls for tax cuts or increased spending. Regardless of what the board… (read more)
LB 1097 Bar Graph Data show middle class benefit of LB 1097 paltry compared to higher earners

While some proponents of LB 1097 – a bill to cut Nebraska’s income taxes – talk about the bill’s benefit to the state’s middle class, a look at the data shows by far the biggest beneficiaries of the cut would be the state’s highest earners.
TEEOSA8.5 Tax study resources

See a list of resources that can help you follow the Legislature’s Tax Modernization Committee study.
  • Our easy-to-follow primer into Nebraska’s budget and tax process has been updated!

  • Latest from Open Sky Policy Institute...

    Lawmakers looking at $62.6 million projected shortfall

    Posted November 3rd, 2014 by Kevin
    Nebraska lawmakers will be looking at a projected revenue shortfall of $62.6 million when they convene in January and start working on a new, two year state budget. The Nebraska Economic Forecasting Advisory Board set that figure last Friday, which increased the state’s cash reserve – or rainy day fund — to about $770 million, which is right at the… (read more)
    BoardSidebar

    Policy Brief: Economic Forecasts

    Posted October 29th, 2014 by Kevin
    The next Nebraska Economic Forecasting Advisory Board meeting is Friday and the board’s action will likely cause a reaction in the State Capitol. Oftentimes, the board’s actions are followed by calls for tax cuts or increased spending. Regardless of what the board decides, there are factors other than the projections to consider when making state fiscal policy decisions. Importance of the cash… (read more)

    OpenSky Fall Road Trip

    Posted September 24th, 2014 by Kevin
    We’re excited to get out on the road next month to share our new report on K-12 funding:“Investing in Our Future: An Overview of Nebraska’s Education Funding System.” with organizations in Lexington and Scottsbluff: Wednesday, Oct. 15 – Lexington Rotary Club. Noon. Grand Generation Center, 407 E 6th St., Lexington. Open to the public. Thursday, Oct. 16,  – Scottsbluff/Gering Chamber of Commerce. 7:30 a.m. Bluffs Business Center, 1517… (read more)

    OpenSky releases K-12 Funding Report

    Posted August 25th, 2014 by Kevin
    OpenSky Policy Institute on Monday released its new report on K-12 funding: “Investing in Our Future: An Overview of Nebraska’s Education Funding System.” Given the complexity and importance of our education finance system, OpenSky produced this primer to promote a dialogue on the vital issues surrounding how Nebraska funds K-12 education. OpenSky Policy Institute is a nonprofit, nonpartisan organization focused on budget and tax policy.  About a year… (read more)