2006 Nebraska Revised Statutes - § 79-1029 — Basic allowable growth rate; Class II, III, IV, V, or VI district may exceed; procedure.

Section 79-1029
Basic allowable growth rate; Class II, III, IV, V, or VI district may exceed; procedure.

(1) A Class II, III, IV, V, or VI district may exceed the basic allowable growth rate prescribed in section 79-1025 upon an affirmative vote of at least seventy-five percent of the board. The total growth shall not exceed the applicable allowable growth rate certified for the local system under section 79-1026 plus one percent. The vote shall be taken at a public meeting of the board following a special public hearing called for the purpose of receiving testimony on such proposed increase. The board shall give at least five calendar days' notice of such public hearing and shall publish such notice at least once in a newspaper of general circulation in the local system.

(2) A Class II, III, IV, V, or VI district may exceed the applicable allowable growth rate prescribed in section 79-1026 by an amount approved by a majority of legal voters voting on the issue at a primary, general, or special election called for such purpose upon the recommendation of the board or upon the receipt by the county clerk or election commissioner of a petition requesting an election signed by at least five percent of the legal voters of the district. The recommendation of the board or the petition of the legal voters shall include the amount and percentage by which the board would increase its general fund budget of expenditures for the ensuing school year over and above the current year's general fund budget of expenditures. The county clerk or election commissioner shall place the question on the primary or general election ballot or call for a special election on the issue after the receipt of such board recommendation or legal voter petition. The election shall be held pursuant to the Election Act or section 77-3444, and all costs for a special election shall be paid by the district. A vote to exceed the applicable allowable growth rate may be approved on the same question as a vote to exceed the levy limits provided in section 77-3444.

Source:

Laws 1990, LB 1059, § 20

Laws 1991, LB 511, § 85

Laws 1992, LB 245, § 90

Laws 1994, LB 76, § 608

Laws 1996, LB 299, § 31

R.S.1943, (1994), § 79-3820

Laws 1996, LB 900, § 675

Laws 1997, LB 345, § 29

Laws 1998, LB 989, § 12

Laws 1999, LB 813, § 28

Laws 2000, LB 1213, § 1

Laws 2003, LB 67, § 19

Cross References:

Election Act,see section 32-101.

~Reissue Revised Statutes of Nebraska