Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper
Serving proudly since 1873 as the beautiful Nebraska Panhandle's first newspaper
The Nebraska Forecasting Advisory Board meets periodically to forecast (or guess) how much money they think will be coming into the State’s general fund. Lawmakers use these projections to craft the State’s biennial budget. On October 27 the Nebraska Economic Forecasting Advisory Board met at the State Capitol and voted to lower its revenue projections. This is not good news for our State.
The revenue projections were lowered because the board members believe that individual incomes are decreasing, not increasing. Revenue collected from individual income taxes makes up more than 50%...
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