Nebraska Authorization to increase bonded indebtedness
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How to fill out Authorization To Increase Bonded Indebtedness?
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FAQ
The Budget Process The State of Nebraska utilizes a biennial budget for revenues, appropriations, and expenditures. The biennial budget is split into two Fiscal Years. The first fiscal year of a biennium begins on July 1st of odd-numbered years.
The Nebraska Budget Act requires the reporting of public funds, which means all money, including non-tax money, used in the operation and functions of political subdivisions (section 13-503(7)).
Nebraska's current budget The enacted budget included total spending of $12.6 billion in FY 2022 and $12.6 billion in FY 2023, and general fund spending of $4.8 billion FY 2022 and $5.13 billion in FY 2023.
A unit of government created by and under the authority of a higher level of government. If a state divides itself up into counties, the counties are political subdivisions of the state.
A Joint Public Agency contains the following powers: to sue, have a seal, make and execute contracts, make, amend and repeal rules, adopt rules and regulations, acquire, own, hold, use, lease, sell, and mortgage property, incur debts, liabilities or obligations, borrow money, fix, maintain, revise and collect fees, ...
?Political subdivision? ordinarily includes counties, cities, townships, villages, schools, sanitation, utility, irrigation, drainage and flood-control districts, and similar governmental entities.
Nebraska Governor Jim Pillen signed the state's fiscal 2024-2025 biennial budget bill on May 24. The two-year budget calls for $15.34 billion in total spending in fiscal 2024 (a 2.7 percent increase from fiscal 2023) and $15.23 billion in total spending in fiscal 2025 (a 0.7 percent decrease from fiscal 2024).
Political subdivision shall include villages, cities, counties, school districts, public power districts, community colleges, natural resources districts, and all other units of local government.
The rules and procedures of the Nebraska State Tort Claims Act are laid out starting at Nebraska Revised Statutes section 81-8,210. These laws specify that an action brought under the Act must: state a claim for money damages. involve "damage to or loss of property," personal injury, or death.
Lawmakers approved the state's $10.7 billion budget package this session.