APPROPRIATIONS COMMITTEE ADVANCES BUDGET ADJUSTMENTS, LEAVING $125 MILLION HOLE TO FILL

LINCOLN — A pair of budget bills in the Nebraska Legislature officially moved toward floor debate, but lawmakers still must close a projected budget deficit that is larger than it appears. The Appropriations Committee voted Wednesday to advance Legislative Bills 1071 and 1072 to the floor. The bills contain lawmakers’ proposed budget adjustments for the 2025-2027 biennium.

The committee’s approved adjustments leave a projected budget deficit of $125 million, which lawmakers will attempt to fill by March 25. But because of some math mistakes that have since been fixed, the shortfall stands at approximately $140 million, according to Legislative Fiscal Analyst Keisha Patent.

To review the proposed Appropriations Committee Biennial Budget Adjustments document, please click HERE

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