LB396

Nebraska LB396 amends budget and audit filing requirements for public power districts and agencies.

Nebraska LB396 modifies the fiscal year for certain public power districts to align with the calendar year, allowing those with a single wholesale customer that is a city or village to use the city or village's fiscal year. The bill mandates that public power districts and agencies prepare a written proposed budget each year, including revenue and expenditure details, and makes it available for public inspection. Any changes to the proposed budget must be added before the board meeting, and the public can testify.