LINCOLN, Neb. (AP) — An unusual influx of cash will allow Lancaster County to lower its property tax levy, officials said.
The county has more money than usual thanks to federal pandemic aid, a large carry-over of money from this year’s budget, and a total revaluation of property in the county.
The Lincoln Journal Star reports that most of that money won’t be used in the county’s $128.5 million general fund budget, which is supported by property taxes, but officials still plan to lower the tax levy by 1 cent per $100 of valuation.
The general fund budget will increase by about $5.1 million.