PREPARED BY: Bill Biven, Jr.
LB 161 DATE PREPARED: February 04, 2025
PHONE: 402-471-0054
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 $2,900,000
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS $2,900,000
Any Fiscal Notes received from state agencies and political subdivisions are attached f ollowing the Legislative Fiscal Analyst Estimate.
LB161 amends §79- 1003 relating to the Tax Equity & Educational Opportunities Support Act (TEEOSA).
The definition of Formula Students is updated from sixty percent to one hundred percent of the qualified early childhood education for
Fall Membership & Average Daily Membership (ADM) calculations.
FISCAL IMPACT:
The Nebraska Department of Education estimates that the shift from 0.6 to 1.0 FTEs for qualified early childhood students within
Formula Students will result in an increase in the TEEOSA calculation of approximately $2,900,000.
ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE
LB: 161 AM: AGENCY/POLT. SUB: Department of Education
REVIEWED BY: Kimberly Burns DATE: 02/06/2025 PHONE: (402) 471-4171
COMMENTS: The Department of Education presents a reasonable estimate of impact for FY 2026-27 resulting
from LB 161.
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 161 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Nebraska Department of Education
Prepared by:
(3) Bryce Wilson Date Prepared:
(4)
Phone:
(5)
402-471-4320
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
$2.9 Million
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
$2.9 Million
Explanation of Estimate:
LB 161 changes the weighting of early childhood students in the TEEOSA formula from .6 FTE to a full 1.0 FTE.
The change in weighting will cause some shifting of funds within the formula and will increase the foundation aid
amount some but overall changes is minimal. NDE used current y ear information to estimate what the change
would be for FY 2026/27.
_____________________________________________________________________________________________________ _
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…………………………………………... $2.9 Million
Capital improvements……………………...
TOTAL……………………………… ..... $2.9 Million