Straight Talk from Steve

Nebraska’s budget deficit

Don’t you wish your personal finances worked like the State of Nebraska’s? If they did, you would never run out of cash. Recently, Nebraska’s Tax Rate Review Committee projected a budgetary shortfall of $432 million for the 2026-2027 biennium.This amounts to $490 million less than what was projected to come into the state’s coffers at the conclusion of this year’s legislative session back in May.

While these kinds of numbers might seem overwhelming and even shocking to you, they are really just a drop in the bucket compared to the kinds of cash that the State of Nebraska keeps tucked away where nobody is looking.