Nebraska Statutes

§ 79-3402 — Terms, defined

Nebraska·Ch. 79 Schools

For purposes of the School District Property Tax Limitation Act, unless the context otherwise requires:

(1)Approved bonds means (a) bonds that are issued by a school district after the question of issuing such bonds has been approved by the voters of such school district and (b) bonds that are issued by a school district pursuant to section 79-10,110 , 79-10,110.01 , or 79-10,110.02 ;
(2)Average daily membership has the same meaning as in section 79-1003 ;
(3)Base growth percentage means the sum of:
(a)Three percent;
(b)The annual percentage increase in the student enrollment of the school district multiplied by:
(i)One if the school district's student enrollment has grown by an average of at least three percent and by at least one hundred fifty students over the preceding three

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Legislative History

Source: Laws 2023, LB243, § 2.

Nearby Sections

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