Southeast Community College to host information sessions on funding change

Southeast Community College to host information sessions on funding change Main Photo

24 Jul 2023


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Southeast Community College plans to hold several information sessions on the new funding model for community colleges, approved in legislation this year and signed by the Governor.

LB 243 will eliminate the ability of community colleges to levy property taxes for general operations, replacing that revenue with money from a so-called Community College Future Fund…starting in 2024.   The schools will still be allowed to levy up to two cents per hundred dollars property valuation for capital construction. 

 

Read the complete article here.