LINCOLN — Nebraska’s tax receipts for July fell less than 1% below economic forecasts, according to the state Department of Revenue, as data shows a steadily lessening impact of higher-than-expected tax refunds. The Department of Revenue’s report on July’s tax receipts showed a net loss of 0.1% compared to what Nebraska’s Economic Forecasting Advisory Board […]

LINCOLN — Nebraska lawmakers will likely have to contend with two separate budget deficits when they reconvene for the 2027 legislative session, with the combined shortfall currently set over $1 billion. Legislative Fiscal Analyst Keisha Patent confirmed the situation at a Tax Rate Review Committee meeting on Wednesday. There, she provided lawmakers with a new […]