By Julia Bertino
(Omaha, NE) Omaha Mayor Jean Stothert announces her 2022 city budget.
At Tuesday s Omaha City Council meeting, Mayor Stothert laid out her plans for the city s finances for next year, which includes a property tax rate reduction and a delay the levy increase approved by voters in 2020 to fix Omaha streets. WOWT 6 News reports that Stothert told journalists during a budget briefing on Tuesday that this combination, “represents the most significant property tax relief actions in Omaha in 20-years.”
The mayor said that her team realizes that valuations for 45% of the properties in Omaha grew by around 4%, and that the 2% property tax rate reduction is one way to modestly reduce the impact on property owners. For a home valued around $150,000, that’s about $15 in savings per year.
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Omaha City Council approves tax incentives for new casino
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