Equalization aid; amount.

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79-1008.01. Equalization aid; amount.

Each local system shall receive equalization aid in the amount that the total formula need, as determined pursuant to section 79-1007.11, exceeds its total formula resources, as determined pursuant to section 79-1017.01. The equalization aid for a local system shall be zero if the total formula resources equals or exceeds the total formula need for such local system.

Source

  • Laws 1997, LB 710, § 11;
  • Laws 1997, LB 806, § 38;
  • Laws 1998, LB 989, § 7;
  • Laws 1998, Spec. Sess., LB 1, § 19;
  • Laws 1999, LB 149, § 6;
  • Laws 2001, LB 797, § 20;
  • Laws 2002, LB 898, § 8;
  • Laws 2003, LB 540, § 4;
  • Laws 2004, LB 1093, § 5;
  • Laws 2006, LB 1024, § 84;
  • Laws 2008, LB988, § 33;
  • Laws 2009, First Spec. Sess., LB5, § 10;
  • Laws 2011, LB8, § 2;
  • Laws 2011, LB18, § 5;
  • Laws 2011, LB235, § 12;
  • Laws 2016, LB959, § 5;
  • Laws 2019, LB675, § 9.


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