First District State Senator Lavon Heidemann introduced legislation last week that seeks to decrease the valuation of agricultural land for school taxation purposes.
Under the bill – LB 1061 – the valuation would decrease from 75-percent to 65-percent over a five-year period. The valuation would remain at 75-percent for other political subdivisions, such as counties and natural resources districts.
Senator Heidemann explains the rationale behind his proposal. (play audio :38)
There are more “non-equalized” school districts in the state of Nebraska in recent years. Those are school districts that do not qualify for state equalization aid because their resources – primarily as a result of land valuation in the district – are greater than their needs. Heidemann calls the increase in the number of non-equalized districts “alarming.” (play audio :25)
Heidemann says his legislation would reverse the trend and allow some districts to regain their equalization status.
LB 1061 was introduced last week in the legislature’s Revenue Committee.
MOST VIEWED STORIES
Holton man killed in Jackson Co crash
Morrill pair arrested on drug, child endangerment charges
Horton City Clerk's resignation accepted Monday
Falls City man sentenced to Federal Prison
Effingham owner regains truck following theft, arrest
Cold case investigation leads to Holton warrant
Ground Broken for new Sac and Fox Trad'n Post
Local residents avoid injury in chain reaction crash
Jackson Co traffic stop leads to arrest
One held for past Atchison shooting
90 mph+ downburst winds blamed for Thursday damage
Wamego man sentenced in second fentanyl-related death
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Early Thursday storms leave damage, outages, locally
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
LATEST STORIES
Commission approves agreement for budget help
Pawnee City School Board approves personnel changes
Hazard mitigation planning meeting set for Atchison County MO
Effingham owner regains truck following theft, arrest
Cold case investigation leads to Holton warrant
Senator Slama on tax relief efforts
SE Nebraska March unemployment report
Falls City Career Academy to open during 24-25 school year
RELATED STORIES
Neb Gov seeking nominations for legislative vacancies
Nebraska Lawmakers Reject Vaccination Bill
New Committees For Neb Senator Watermeier
Lt. Gov. Heidemann Resigns, Withdraws as Ricketts Running Mate
Hassebrook Campaigns in SE Nebraska
Neb. Republicans Nominate Ricketts for Governor
Pawnee County Election Results
Congressional Candidate Visits Falls City