PREPARED BY: Suzanne Houlden
LB 627 DATE PREPARED: February 20, 2025
PHONE: 402-471-0057
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 See below See below
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Any Fiscal Notes received from state ag encies and political subdivisions are attached following the Legislative Fiscal Analyst Estimate.
LB 627, if passed, would direct the University of Nebraska (NU) Board of Regents to oversee the design, construction, and financing of
student residential facilities for nursing and allied health students in Norfolk, NE. The bill outlines a twenty -year state funding
commitment of $1,150,000 annually, allowing for long-term financing agreements.
The total FY26-FY27 biennium cost would be $2,300,000. Of the $1,150,000 annual appropriation, $250,000 would be allocated for
educational technology, intended to support instructional resources at the Norfolk facilities. The total cost over the twenty-year period
would be $23,000,000. The Board of Regents would be res ponsible for contract approvals, payment structuring, and ensuring
compliance with the bill’s financial provisions.
Technical note: historically, residential facilities for NU and the State College system have been funded through st udent housing fees.
The University notes that it would not experience changes in revenue as a result of this bill, meaning that student fees would not be
collected or applied for construction of the proposed Norfolk facilities.
ADMINISTRATIVE SERVICES STAT E BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE
LB: 627 AM: GENCY/POLT. SUB: Coordinating Commission for Postsecondary Education
REVIEWED BY: Kimberly Burns DATE: 02/07/2025 PHONE: (402) 471-4171
COMMENTS: Concur with the Coordinating Commission for Postsecondary Education’s assessment of no fiscal impact
to the agency from LB 627.
0627Provide for a capital construction project for the University of Nebraska
__________________________________
EXPENDITURESEXPENDITURES
NUMBER OF POSITIONS
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1)
FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
University of Nebraska System
Prepared by:
(3)
Anne Barnes Date Prepared:
(4)
02/03/2025 Phone:
(5)
(402) 559-6300
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025 - 26 FY 2026 - 27
EXPENDITURES REVENUE
GENERAL FUNDS
1,150,000.00 0.00
CASH FUNDS
0.00 0.00
FEDERAL FUNDS
0.00 0.00
OTHER FUNDS
0.00 0.00
TOTAL FUNDS
1,150,000.00 0.00
EXPENDITURES REVENUE
1,150,000.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
1,150,000.00 0.00
Explanation of Estimate:
If LB627 were to pass, it would direct the Board of Regents to oversee the design, construction, and financing of student residential facilities for
nursing and allied health students in Norfolk.
The bill outlines a 20-year state funding commitment of $1,150,000 annually, allowing for long-term financing agreements. The Board of Regents
would be responsible for contract approvals, payment structuring, and ensuring compliance with the bill#s financial provisions. The University would
manage these financial arrangements within the appropriated funding structure, with ownership of the facilities reverting to the University upon
completion of all obligations. Additionally, the bill allocates $250,000 for educational technology, intended to support instructional resources at the
Norfolk facilities.
The University would not experience changes in revenue as a result of this bill. The fiscal impact is limited to state-funded capital expenditures, with
no anticipated ongoing personnel or operational costs beyond construction and financing administration.
BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE
Personal Services:
POSITION TITLE
Benefits..............................................
Operating...........................................
Travel.................................................
Capital outlay....................................
Aid...................................................
Capital improvements........................
TOTAL......................................
25 - 26
0
0
26 - 27
0
0
2025 - 26
1,150,000.00
1,150,000.00
2026 - 27
1,150,000.00
1,150,000.00 Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 627 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Coordinating Commission for Postsecondary Education
Prepared by:
(3) Gary Timm Date Prepared:
(4)
1/27/2025 Phone:
(5)
402.471.0020
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Explanation of Estimate:
No fiscal impact
_____________________________________________________________________________________________________ _
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……………………………… .....