July 28, 2021
Economy

Gov. Ricketts: Nebraska’s Strong Economy & Revenues Resulting in Record Property Tax Relief

Media Contacts:  

Taylor Gage, 402-471-1970

Justin Pinkerman, 402-471-1967

 

Media Release:

Gov. Ricketts: Nebraska’s Strong Economy & Revenues Resulting in Record Property Tax Relief

 

LINCOLN – Today, Governor Pete Ricketts issued a statement following news that final state general fund tax receipts for Fiscal Year 2020-21 grew $958 million above projections.  Overall, state revenues grew 19.2% more than previously projected.

 

“Nebraskans weathered the pandemic with grit and determination,” said Governor Ricketts.  “Our economy has powered through the uncertainty of the last year, and that is resulting in significant growth in state revenues.  Thanks to LB 1107, which I signed into law last year, higher state revenues have created record property tax relief for our farmers, ranchers, homeowners, and small businesses.” 

 

LB 1107, which was passed and signed…

Read full article here: governor.nebraska.gov