Gov. Ricketts Highlights Strong State Revenues, Calls for Action on Key Legislative Priorities
2 Mar 2022
Governor Pete Ricketts held a press conference to emphasize the State’s strong financial position and call for action to build a new State Penitentiary and protect Nebraska’s water resources.
The Governor noted that continued growth in Nebraska—especially in the State’s two biggest industries of agriculture and manufacturing—has contributed to much stronger-than-expected State revenues. Earlier this week, the Nebraska Economic Forecasting Advisory Board raised its forecast of State revenues by $775 million through the end of Fiscal Year 2023. Gov. Ricketts urged the Legislature to deliver tax relief to Nebraskans with these surplus revenues. He also encouraged Senators to fully fund a replacement for the aging Nebraska State Penitentiary. Additionally, he called on the Unicameral to move forward on the Perkins County Canal to protect Nebraska’s water entitlements along the South Platte River.