FOR IMMEDIATE RELEASE: 9/15/17
Contact: Jennifer Stauss
Office Phone 402-315-1708
Cell Phone 402-960-5329
Papio-Missouri River NRD Board Approves Proposed 2018 Budget
Decrease in Property Tax Levy
Omaha, NE: At its September 14th meeting in Dakota City, the Papio-Missouri River Natural Resources District Board of Directors voted to approve the Fiscal Year 2018 general operating budget that includes a decrease in the NRD property tax levy.
“The District’s property tax levy will decrease this year and the District trimmed nearly $4 million off its overall budget from 2017,” said NRD General Manager, John Winkler. “For 12 out of 13 years, the District has either decreased or kept the tax levy the same. We work very hard to save local taxpayers millions of dollars. It’s our responsibility,” said Winkler.
The FY 2018 budget calls for a property tax levy of .037797 per $100 of assessed valuation, which means a homeowner with property valued at $100,000 would pay a total of $37.80 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 $66.7 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 4.6 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.
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