Omaha City Council President Pete Festersen wants to boost property tax relief even more next year.Mayor Jean Stothert’s budget calls for a 2.1% increase.She says the need for a bigger police budget limits how much relief the city can provide.Festersen’s amendment would add nearly $1 million for property tax relief which is about 20% more.“Property valuations have increased substantially this year for most homeowners. I think it’s important we work to maximize a property tax cut in 2024,” he said.Festersen’s amendment reduces what was proposed for the cash reserve and keeps it at the current amount.Get the latest headlines from KETV NewsWatch 7
Omaha City Council President Pete Festersen wants to boost property tax relief even more next year.
Mayor Jean Stothert’s budget calls for a 2.1% increase.
She says the need for a bigger police budget limits how much relief the city can provide.
Festersen’s amendment would add nearly $1 million for property tax relief which is about 20% more.
“Property valuations have increased substantially this year for most homeowners. I think it’s important we work to maximize a property tax cut in 2024,” he said.
Festersen’s amendment reduces what was proposed for the cash reserve and keeps it at the current amount.
Get the latest headlines from KETV NewsWatch 7
