Ricketts signs budget, with direct property tax cuts
Gov. Pete Ricketts has signed the state’s next two-year, $9.3 billion budget into law with no line-item vetoes.
The Legislature sent Ricketts the budget on Tuesday, after at least two rounds survived filibusters from a small number of senators who said the state was spending too much money. Several wanted to reduce the increase the Appropriations Committee had provided the University of Nebraska system, but that effort didn’t go far.
A dozen senators voted against passing the mainline budget bill.
University President Hank Bounds said Ricketts sent a strong message to the 52,000 students, their families and the people of Nebraska, with his signing of the budget, about the state’s commitment to affordable, competitive higher education that grows the state’s economy and quality of life.