PREPARED BY: Keisha Patent
LB 260 DATE PREPARED: February 13, 2025
PHONE: 402-471-0059
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 260 is a component of the Governor’s 2025- 27 Biennium Budget recommendation. The bill relates to deficit appropriations and
transfers for the current fiscal year. As the impact is in FY2024 -25, the amounts are shown in the table below, but are not reflected on
the top of the page.
Ag #Agency ProgramIssue General Cash FederalRev.PSL
013Education 025
Additional Appropriation/PSL for
Vacation/Sick Payouts 188,873 196,457
013Education 025
Professional Practices to
Certification Authority 100,000
013Education 158
Adjust TEEOSA Aid for Insurance
Premium (575,679)
013Education 158
Reduce Appropriaton for
TEEOSA State Aid (73,006)
013Education 158 Special Education 67,558,187
015Parole Board 358 PSL & General Fund Shortfall150,000 220,120
016Revenue 108
Homestead Exemption
Reduction 2,000,000
025HHS 250 Program 250 PSL Increase 500,000
025HHS 365
Program 363 Lincoln Regional
Center 4,500,000 6,300,000
025HHS 344 Program 344 CHIP Deficit 6,000,0003,000,00014,300,000
025HHS 347
Program 347 Transfer to Child
Welfare (15,000,000)
025HHS 348
Program 348 Medicaid Deficit
Request 55,094,831
025HHS 354
Program 354 Transfer to Child
Welfare 15,000,000
033Game & Parks 549
Rec Road Fund General Fund
Offset (5,000,000)5,000,000
083Community Colleges152
Community College Future Fund
Deficit 6,822,827
Total 62,096,14682,481,01414,488,87307,216,577
In addition to appropriations changes, in section 19, the bill reduces the transfer in FY2024 -25 from the State Department of Education
Improvement Grant Fund to the Education Future Fund from $5 million to $2 million.