Nebraska economic forecasters lowered their estimates of state tax collections Monday, leaving the Legislature to find ways to lower spending in the next two-year budget by $287 million.
This year’s preliminary budget showed the state was $134 million below the minimum reserve required by law. The newly revised forecast added $152.8 million to that amount. Read the full article online.
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Lincoln Journal Star on Feb. 27: Lower tax collections forecasted; worsening state budget crunch Nebraska economic forecasters lowered their estimates of state tax collections Monday, leaving the Legislature to find ways to lower spending in the next two-year budget by $287 million. This year’s preliminary budget showed the state was
