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Administration Files Lawsuit on Property Tax Levy

The Administration of Mayor Chris Beutler today asked the District Court to issue a writ of mandamus to require the City Council to set the property tax rate necessary to balance the lawfully adopted City budget. In August, Mayor Beutler vetoed a 2016-2018 budget passed by the City Council on a four-to-three vote. The City Council did not have five votes to override the Mayor's veto. The City Charter states that because the Council did not pass another budget in the time required by the Charter and City ordinance

Tax Year 2015 Homestead Exemption

The Nebraska Department of Revenue, Property Assessment Division (Department), reminds property owners that the Nebraska Homestead Exemption Application or Certification, Form 458, must be filed with their county assessor on or before June 30, 2015.

Nebraska Homestead Exemption Changes for Tax Year 2014

The Nebraska Department of Revenue announces that the income eligibility amounts for applicants of the homestead exemption program for tax year 2014 have changed. (See Neb. Rev. Stat. §§ 77-3507, 77-3508, and 77-3509, as amended Please review the new income tables and apply for the homestead exemption if you are now eligible. Claimants who have already filed 2014 homestead exemption applications and income statements do not need to refile or take any additional action. The new income amounts will be used by the Department of Revenue to determine the percentage of exemption for 2014

Tax Year 2014 Homestead Exemption

The Nebraska Department of Revenue, Property Assessment Division reminds property owners that the Nebraska Homestead Exemption Application or Certification, Form 458, must be filed with their county assessor from February 3, 2014 through June 30, 2014

Mayor Says Reinstating State Aid Will Lead to Property Tax Relief

Mayor Chris Beutler today asked State lawmakers for help to reduce the local property tax burden by reinstating State aid to municipalities. Beutler testified before the Nebraska Legislature's Tax Modernization Committee at a public hearing in Norfolk. Beutler, a former State Senator, addressed the Committee as Mayor of Lincoln and as President of the League of Nebraska Municipalities.

Real Property Tax Credit for Tax Year 2013

The State of Nebraska will offset a portion of real property taxes levied in 2013. The Property Tax Credit Act provides a real property tax credit based upon the valuation of each parcel of real property compared to the valuation of all real property in the state. The total amount of credit available for statewide distribution in 2013 is $115 million. The property tax credit will be shown on tax statements as a credit after the full taxes levied.

Tax Year 2013 Homestead Exemption

The Nebraska Department of Revenue, Property Assessment Division reminds property owners that the Nebraska Homestead Exemption Application or Certification, Form 458, must be filed with their county assessor from February 2, 2013 through July 1,

Mayor Says User Fees Increases Help Prevent Property Tax Hike

Mayor Chris Beutler today said user fee increases helped his administration meet its main objectives for the City's first biennial budget - no property tax increase, no major program cuts and no use of one-time money for ongoing programs.

Mayor Says Legislative Action Could Increase Local Property Taxes Or Lead To Major Cuts

February 3, 2011 - (RealEstateRama) -- Mayor Chris Beutler today said cities are willing to do their part to help the State solve its budget crisis. But he called on the State Legislature to reconsider proposals that could force cities to raise property taxes and make major service cuts. He said the State, through a combination of actions and inactions, is in danger of creating a "destructively adverse" financial situation for cities and cited three areas of concern

Nelson Votes To Help Unemployed Nebraskans, And To Stimulate Nebraska Homebuying And Homebuilding

Omaha, NE - November 4, 2009 - (RealEstateRama) -- Nebraska’s Senator Ben Nelson today voted to provide additional benefits to thousands of unemployed Nebraskans, and to extend the First-Time Homebuyer Tax Credit that already has helped more than 10,000 Nebraskans buy homes and created hundreds of jobs in new home construction in Nebraska.

New Property Tax Deduction Championed by Nebraska’s Senator

Omaha, NE - July 26, 2008 - (RealEstateRama) — Following months of concern about the troubled housing market, Nebraska's Senator Ben Nelson applauded today's passage...

Attorney General Bruning Says Watch Out for Home Deed Scam

Lincoln, Neb - Attorney General Bruning wants to warn Nebraskans about a certified deed scam. The Lancaster County Register of Deeds Office received more...

NELSON APPLAUDS EXPANDED DEDUCTION FOR PROPERTY TAXES

April 10, 2008 - Nebraska taxpayers who file federal taxes without itemizing will be able to take advantage of a new standardized tax deduction...

2008 Affordable Housing Tax Credit Seminar

The Annual Tax Credit Compliance Seminar sponsored by Nebraska Investment Finance Authority (NIFA) and Midwest Housing Equity Group (MHEG), will be held Thursday, May...

Nelson Pushes Expanded Deduction For Property Taxes

November 16, 2007 – Nebraska's Senator Ben Nelson yesterday cosponsored legislation with Senator Evan Bayh of Indiana to expand property tax deductions for millions...

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Mayor Says User Fees Increases Help Prevent Property Tax Hike

Mayor Chris Beutler today said user fee increases helped his administration meet its main objectives for the City's first biennial budget - no property tax increase, no major program cuts and no use of one-time money for ongoing programs.

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NIFA’s Homeownership Team Announces Top Producer and Shining Star Award Winners

NIFA’s Homeownership team recently held annual lender training meetings at the LaVista Conference Center on October 17th and at the Holiday Inn Express in North Platte on October 18th. At these events, awards were presented to the Top Producers and Shining Stars. Top Producer awards are given to the top ten loan officers who originate the most NIFA loans for first-time homebuyers in Nebraska in 2015.