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Papio NRD Decreases Property Tax Levy

Papio NRD Board Approves Proposed 2022 Budget

At its September 9th meeting, the Papio-Missouri River Natural Resources District Board of Directors voted to approve the Fiscal Year 2022 general operating budget that includes a decrease in the Papio NRD property tax levy.

“It is our fiduciary responsibility to save taxpayer dollars and we are proud the Papio NRD’s property tax levy will decrease again this year,” said John Winkler, general manager of the Papio NRD. “For 16 out of 17 years, the District has either decreased (10 years), or kept the tax levy the same,” said Winkler. This is the Papio NRD’s lowest mill levy since 2015.

The Papio NRD will drop its property tax mill levy 2.25% this fiscal year. More importantly, even though LB 408, a bill to limit political subdivisions property tax spending, failed to pass last legislative session, the Papio NRD thought it extremely important to live up to the spirit and goals of the bill to control the growth of property taxes.

“Due to sound fiscal management; healthy and growing valuations and overall economy; as well as strong local, state, and federal partnerships, the Papio NRD is able to wisely conserve our financial and natural resources,” says Winkler.

The FY22 budget calls for a property tax levy of .035669 per $100 of assessed valuation, which means a homeowner with property valued at $100,000 would pay a total of $35.67 a year or $2.97 a month in property taxes next year to support Papio NRD projects. The budget calls for an estimated $28.2 million in revenue from the Papio NRD’s property tax levy. The total operating budget is estimated at $85.4 million.

The Papio NRD’s property tax levy utilizes less than two percent of a homeowner’s total property tax bill who lives within the District’s six-county area. The levy is based on an estimated 5.88% 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.

 

 

No Tax Levy Increase in Papio NRD’s Approved Proposed Budget

 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.

 

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