FOR IMMEDIATE RELEASE: 8/11/17
Contact: John Winkler, General Manager
Office Phone 444-6222
Cell Phone 402-616-2457
Papio-Missouri River NRD Board Approves Proposed 2018 Budget
No Increase in Tax Levy
Omaha, NE: At its August 10th meeting, the Papio-Missouri River Natural Resources District Board of Directors heard public comments and then voted to propose a Fiscal Year 2018 general operating budget that will, once again, require no increase in the NRD property tax levy.
“The District’s property tax levy will remain the same as last year,” said NRD General Manager, John Winkler. “This is 12 out of 13 years the District has either decreased or kept the tax levy the same. We work extremely hard to leverage federal and state cost sharing on projects to save local taxpayers millions of dollars,” said Winkler.
In addition, Winkler said the FY 2018 proposed budget is $1.5 million less than last year and the District is able to maintain a responsible budget and healthy financial position despite increases in costs like permitting, insurance, wages, materials and land costs.
The proposed budget calls for a FY 2018 property tax levy of .038034 per $100 of assessed valuation. This means that a homeowner with property valued at $100,000 would pay a total of $38.03 in property taxes next year to support NRD projects.The budget calls for an estimated $23 million in revenue from the NRD’s property tax levy. Total spending is estimated at just under $69 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 3.5 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.
The NRD Board of Directors will hold a public hearing, approve a final budget and set the tax levy at its September 14th board meeting in Dakota City.