NE LB692

Amends sections 79-3403 and 79-3406 of the Nebraska Revised Statutes governing school district property tax limitations

Modifies the calculation of property tax request authority by subtracting any amount a district's prior year property tax request exceeded its authority under section 79-3405

Allows school districts to carry forward unused property tax request authority to future years for later property tax increases

Excludes from carryforward calculations any authority increases resulting from base growth percentage adjustments under section 79-3405

Requires the department to calculate and report each school district's unused property tax request authority to their school board