State Codes and Statutes

Statutes > Nebraska > Chapter79 > 79-1022

79-1022. Distribution ofincome tax receipts and state aid; effect on budget.(1)On or before March 10, 2010, on or before April 1, 2011, and on or before March 1 of each year thereafter, the departmentshall determine the amounts to be distributed to each local system and eachdistrict pursuant to the Tax Equity and Educational Opportunities SupportAct and shall certify the amounts to the Director of Administrative Services,the Auditor of Public Accounts, each learning community, and each district.The amount to be distributed to each district that is not a member of a learningcommunity from the amount certified for a local system shall be proportionalbased on: (a) For school fiscal years prior to school fiscal year 2008-09,the weighted formula students attributed to each district in the local system;and (b) for school fiscal year 2008-09 and each school fiscal year thereafter,the formula students attributed to each district in the local system. Theamount to be distributed to each district that is a member of a learning communityfrom the amount certified for the local system shall be proportional basedon the formula needs calculated for each district in the local system. On orbefore March 10, 2010, on or before April 1, 2011, and on or before March 1 of each year thereafter, the departmentshall report the necessary funding level to the Governor, the AppropriationsCommittee of the Legislature, and the Education Committee of the Legislature.Certified state aid amounts, including adjustments pursuant to section 79-1065.02,shall be shown as budgeted non-property-tax receipts and deducted prior tocalculating the property tax request in the district's general fund budgetstatement as provided to the Auditor of Public Accounts pursuant to section 79-1024.(2) Except as provided in subsection (8) of section 79-1016and sections 79-1033 and 79-1065.02, the amounts certified pursuant to subsection(1) of this section shall be distributed in ten as nearly as possible equalpayments on the last business day of each month beginning in September ofeach ensuing school fiscal year and ending in June of the following year,except that when a school district is to receive a monthly payment of lessthan one thousand dollars, such payment shall be one lump-sum payment on thelast business day of December during the ensuing school fiscal year. SourceLaws 1990, LB 1059, § 13; Laws 1991, LB 511, § 79; Laws 1992, LB 245, § 84; Laws 1994, LB 1290, § 8; Laws 1994, LB 1310, § 16; Laws 1995, LB 840, § 9; R.S.Supp.,1995, § 79-3813; Laws 1996, LB 900, § 668; Laws 1996, LB 1050, § 30; Laws 1997, LB 710, § 13; Laws 1997, LB 713, § 5; Laws 1997, LB 806, § 51; Laws 1998, Spec. Sess., LB 1, § 28; Laws 1999, LB 149, § 10; Laws 1999, LB 194, § 35; Laws 1999, LB 813, § 23; Laws 2002, LB 898, § 12; Laws 2002, Second Spec. Sess., LB 4, § 1; Laws 2003, LB 67, § 12; Laws 2003, LB 540, § 5; Laws 2004, LB 973, § 67; Laws 2005, LB 126, § 47; Laws 2005, LB 198, § 3; Laws 2006, LB 1024, § 86; Referendum 2006, No. 422; Laws 2007, LB21, § 3; Laws 2007, LB641, § 28; Laws 2008, LB988, § 41; Laws 2009, LB61, § 1; Laws 2009, LB545, § 15; Laws 2009, LB548, § 1; Laws 2010, LB711, § 2; Laws 2010, LB1071, § 19.Note: The Revisor of Statutes has pursuant to section 49-769 correlated LB711, section 2, with LB1071, section 19, to reflect all amendments.Note: Changes made by LB711 became effective February 26, 2010. Changes made by LB1071 became operative April 15, 2010.