Statutes, codes, and regulations
Revised Statutes of Nebraska
Chapter 79 - SCHOOLSArticle 4 - SCHOOL ORGANIZATION AND REORGANIZATION
PROCEDURES AND RULES FOR NEW OR CHANGED DISTRICTS
Section 79-488 - Districts; reduction in size through acquisition of land by United States; attachment of remainder; apportionment of funds

Neb. Rev. Stat. § 79-488

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Current with changes from the 2024 legislative session enacted on or before 4/18/2024
Section 79-488 - Districts; reduction in size through acquisition of land by United States; attachment of remainder; apportionment of funds

When a district is reduced in size by the purchase or appropriation of land by the United States for any defense, flood control, irrigation, or war project, the district to which such remaining part is attached shall receive a pro rata share of all funds based upon the ratio of taxable valuation of the remaining part to the total taxable valuation of the former district as determined at the last current valuation.

Neb. Rev. Stat. § 79-488