Policy Digest 11.13

policy digest 11.13

 

 

State needs $10.2B for roads over 20 years

The state needs to spend $10.2 billion on its highways and roads in the next 20 years. And with inflation, those needs could reach $14.6 billion, according to the Lincoln Journal Star.

But, unlike previous years, the state is doing better on its highway funding outlook.

The Build Nebraska Act (LB84), which passed in 2011 and became effective last year, set aside a quarter-cent of the state’s 5.5-cents sales tax for highway improvement. And it’s expected to raise about $70 million a year for 20 years. The state’s share of that would be about $61 million annually.

About 65 percent of the billions in needs is for restoring pavement, at a cost of $6.6 billion, and nearly a third — $3.1 billion — is for rural highway reconfiguration and bridges. Reconfiguration would add lanes, straighten roads or convert intersections into interchanges, for example.

Railroad crossings will need about $179.6 million in future years.

The 20-year plan includes widening of Interstate 80 to six lanes west of Lincoln to York and eventually to Grand Island, the department’s report said.

Urban needs include widening or reconstructing state highways that extend through corporate limits of cities with at least 5,000 residents.

The $10.2 billion doesn’t include overhead, routine maintenance or administration and support services.

Read more here.

Key Dates

Upcoming events and happenings on fiscal, tax and education policy.

Tuesday, Nov. 18
Legislature’s Tax Incentive Evaluation Committee (LR444) meeting. Room 1003, Capitol. 8 a.m. (No live streaming).
NOTE: Open to the public, but no public testimony will be allowed.

Wednesday, Nov. 19
Legislature’s Education Committeespecial hearing on potential uses of the lottery proceeds dedicated to education as required by LB497(2013). Room 1525, Capitol. (Live streaming on NET).
NOTE: Special Video Conferencing/Remote testimony sites available at:
— Broken Bow High School Media Center, 323 N. 7th Ave., Broken Bow.
— Alliance School Administration Building, 1604 Sweetwater Ave., Alliance.

Tuesday, Dec. 9
Legislature’s Revenue Committee interim hearings on:
LR566. Examine methods used by other states to determine the taxable value of agricultural land.
LR571. Examine Nebraska’s individual and corporate income tax systems.
NOTE: Open to the public, but no public testimony will be allowed. (Live streaming on NET).
CANCELEDThe hearing on LR570, to examine the compliance and enforcement issues relative to Nebraska’s tax incentive programs, has been canceled.


OpenSky job opportunity

POLICY DIRECTOR

OpenSky is seeking a Policy Director to lead the analytical work that serves as the backbone of our policy research and advocacy efforts with enthusiasm, integrity, and tenacity. The ideal candidate will have expertise in education policy, strong quantitative and leadership skills, possess the ability to learn new issues rapidly, and be able to communicate technical information effectively to diverse audiences. See more about the job here.

Media and other items related to Nebraska fiscal, tax and education policy

Kansas City Star: Kansas revenues will fall $1 billion short  of 2015 and 2016 expenses