LINCOLN — A bill before the Nebraska Legislature could kill Omaha’s modern-day streetcar, as it would curb future tax-increment financing revenue that city leaders are counting on to pay off
Nebraska’s $1.9 billion state revenue surplus would “quickly” disappear under proposals by new Gov. Jim Pillen to increase state aid to K-12 education and cut taxes, a Lincoln think tank said.
Though Omaha city officials have greenlighted the $300 million-plus urban streetcar project, a Nebraska lawmaker is waving the caution flag and has proposed legislation that could disrupt the flow.
Pillen touts historic package of tax cuts, saying we have to compete better with other states fremonttribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fremonttribune.com Daily Mail and Mail on Sunday newspapers.