Nebraska § 79-1017.01 Local system formula resources; amounts included

Nebraska Statutes

§ 79-1017.01 — Local system formula resources; amounts included

Nebraska § 79-1017.01

Ch. 79Schools

This text of Nebraska § 79-1017.01 (Local system formula resources; amounts included) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 79-1017.01 (2026).

Text

(1)For state aid calculated for each school fiscal year prior to school fiscal year 2023-24, local system formula resources includes other actual receipts determined pursuant to section 79-1018.01 , net option funding determined pursuant to section 79-1009 , allocated income tax funds determined pursuant to section 79-1005.01 , and community achievement plan aid determined pursuant to section 79-1005 , and is reduced by amounts paid by the district in the most recently available complete data year as property tax refunds pursuant to or in the manner prescribed by section 77-1736.06 .

(2)For state aid calculated for school fiscal year 2023-24 and each school fiscal year thereafter, local system formula resources includes other actual receipts determined pursuant to section 79-1018.0

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(1) For state aid calculated for each school fiscal year prior to school fiscal year 2023-24, local system formula resources includes other actual receipts determined pursuant to section 79-1018.01 , net option funding determined pursuant to section 79-1009 , allocated income tax funds determined pursuant to section 79-1005.01 , and community achievement plan aid determined pursuant to section 79-1005 , and is reduced by amounts paid by the district in the most recently available complete data year as property tax refunds pursuant to or in the manner prescribed by section 77-1736.06 .
(2) For state aid calculated for school fiscal year 2023-24 and each school fiscal year thereafter, local system formula resources includes other actual receipts determined pursuant to section 79-1018.01 , net option funding determined pursuant to section 79-1009 , allocated income tax funds determined pursuant to section 79-1005.01 , community achievement plan aid determined pursuant to section 79-1005 , and a percentage of foundation aid determined pursuant to section 79-1006 , and is reduced by amounts paid by the district in the most recently available complete data year as property tax refunds pursuant to or in the manner prescribed by section 77-1736.06 .

Legislative History

Source: Laws 1997, LB 806, § 48; Laws 2002, LB 898, § 11; Laws 2009, LB545, § 14; Laws 2011, LB235, § 17; Laws 2013, LB407, § 12; Laws 2014, LB967, § 17; Laws 2015, LB519, § 14; Laws 2016, LB959, § 7; Laws 2016, LB1067, § 40; Laws 2017, LB512, § 14; Laws 2019, LB675, § 10; Laws 2023, LB583, § 4.