Each local system shall receive equalization aid in the amount that the total formula need, as determined pursuant to section 79-1007.11 , exceeds its total formula resources, as determined pursuant to section 79-1017.01 . The equalization aid for a local system shall be zero if the total formula resources equals or exceeds the total formula need for such local system.
Neb. Rev. Stat. § 79-1008.01
Equalization aid; amount
Laws 1997, LB 710, § 11; Laws 1997, LB 806, § 38; Laws 1998, LB 989, § 7; Laws 1998, Spec
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.