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Nebraska Governor Pete Ricketts Warns Legislature About Fading Tax Revenues

Nebraska Governor Pete Ricketts Warns Legislature About Fading Tax Revenues

Photo: WNAX


Tax collections for April in Nebraska were ten point four percent less than projected. That trend could lead to Governor Pete Ricketts making cuts, or vetoing spending bills.

Ricketts says tax collections would have to grow rapidly to hit the four point three billion dollar target…..https://soundcloud.com/wnax-radio/pete-ricketts-511a

Ricketts says a proposal by the Legislatures Appropriations Committee to cut the state reserves is not a smart move…

Ricketts says he is asking the legislature to reconsider spending bills…..

There are two months left in the state’s fiscal year.