Decrease in Property Tax Levy
FOR IMMEDIATE RELEASE: 9/14/18
Contact: Jennifer Stauss Story
Cell Phone: 402-960-5329
Omaha, NE: At its September 13th meeting in Dakota City, the Papio-Missouri River Natural Resources District Board of Directors voted to approve the Fiscal Year 2019 general operating budget that includes a decrease in the Papio NRD property tax levy.
“We are proud the District’s property tax levy will decrease again this year,” said John Winkler, general manager of the Papio NRD. “For 13 out of 14 years, the District has either decreased or kept the tax levy the same. We work diligently to save local taxpayers millions of dollars and take seriously our responsibility in doing so in a transparent manner.” said Winkler.
The FY 2019 budget calls for a property tax levy of .037594 per $100 of assessed valuation, which means a homeowner with property valued at $100,000 would pay a total of $37.59 in property taxes next year to support NRD projects. The budget calls for an estimated $24 million in revenue from the NRD’s property tax levy. The total operating budget is estimated at $72.2 million.
The Papio-Missouri River NRD’s property tax levy amounts to less than two percent of the total property tax bill for residents living within the District’s six-county area. The levy is based on an estimated 5.2 percent increase in valuations across the district, which includes all of Sarpy, Douglas, Washington and Dakota counties, plus the eastern 60% of Burt and Thurston counties.