LINCOLN - Nebraska's budget deficit grew to $626 million Friday after state forecasters projected $155 million less in tax revenue over the next two fiscal years.

A meeting of the Nebraska Economic Forecasting Advisory Board updated the state's projected tax revenues to $6.97 billion for this fiscal year, which runs through June 30, and $6.625 billion in the 2026-2027 fiscal year. Currently, the biennium covering fiscal years 2027-28 and 2028-29 has a projected budget shortfall of $536.8 million.

Sen. Robert Clements of Elmwood, chair of the Appropriations Committee, told the Journal Star the committee will have to revisit a lot of the items they passed over in earlier executive sessions and consider making cuts that were previously off the table.

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