PREPARED BY: Scott Danigole
LB 123 DATE PREPARED: January 13, 2025
PHONE: 402-471-0055
Revision: 00
FISCAL NOTE
LEGISLATIVE FISCAL ANALYST ESTIMATE
ESTIMATE OF FISCAL IMPACT – STATE AGENCIES (See narrative for political subdivision estimates)
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Any Fiscal Notes received from state agencies and political subdivisions are attached following the Legislative Fiscal Analyst Estimate.
LB 123 changes provisions related to withholding money due to noncompliance with budget limits and annual audits for certain political
subdivisions.
Under LB 123, political sub divisions that are noncompliant shall “ continue to forfeit state aid until the governmental unit reaches
compliance…” All state aid that is for feited shall remain forfeited and be redistributed in the noncompliant governmental unit ’s county
or, if there is no eligible recipient, be returned to the Highway Allocation Fund. If the governmental unit remains noncompliant within
twelve months after the original delinquency order is given, that governmental unit shall be ineligible for future distributions of state aid.
Upon becoming compliant, the governmental unit shall be eligible for future distributions of state aid.
The State Auditor estimates no fiscal impact. The provisions of LB 123 do not pose significant changes to current practices.
No fiscal imp act.
ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE
LB: 123 AM: AGENCY/POLT. SUB: Nebraska Auditor of Public Accounts
REVIEWED BY: A nn Linneman DATE: 1 -14-2025 PHONE: (402) 471-4180
COMMENTS: The Auditor of Public Account’s assessment of no fiscal impact seems reasonable given the assumptions
used.
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 123 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Nebraska Auditor of Public Accounts
Prepared by:
(3) Craig Kubicek Date Prepared:
(4)
1/10/2025 Phone:
(5)
402-326-3063
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
$0 $0
CASH FUNDS
$0 $0
FEDERAL FUNDS
$0 $0
OTHER FUNDS
$0 $0
TOTAL FUNDS
$0 $0
Explanation of Estimate:
Not a significant change to our current process.
_____________________________________________________________________________________________________ _
BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE
Personal Services:
POSITION TITLE
NUMBER OF POSITIONS
25-26 26-27
2025-26
EXPENDITURES
2026-27
EXPENDITURES
Benefits………………………………...……
Operating…………………………...……….
Travel………………………………………..
Capital outlay…………………...…………..
Aid…………………………………………...
Capital improvements………… …………...
TOTAL……………………………… .....