Monday night at the Board of Education meeting, the Centura Board of Education voted to sign a Resolution to Support the Principles of Nebraskans United for Property Tax Reform and Education. This resolution urges the Nebraska Legislature and the Governor to reduce Nebraska’s reliance on property taxes for funding K-12 education.
Principle #1–Adequate and sustainable funding of high quality k-12 education is imperative for the future of Nebraska.
Principle #2–Tax reform which reduces the over-reliance on local property taxes is necessary to ensure our tax system is fair to all Nebraskans.
At least $1 billion in property tax relief for all property owners
- Does not create a revenue shortfall for the state or its school districts
- Ideally progressive for taxpayers
- Ideally weighted toward ag owner
Increase state funding for K-12 public schools
- Restore recent TEEOSA cuts
- Preserve TEEOSA funding (including making up the lost federal funding if necessary)
- Increase level of state funding for K-12 public schools
- Broaden definition of “resources” (i.e. allocated income tax)
- Increase number of school districts receiving aid, ideally to all school districts
- Aid should be stable, both at the state and local district level