Property Tax Rate Setting

At a glance

What: Final 2026-27 property tax rates for the City of Lincoln and the Lincoln Airport Authority, set to match the budget adopted August 24, 2026.
Result: City rate cut from $0.29732 to $0.29679 per $100 of assessed value, a property tax request of $120,545,840. Passed 5-1 with Duden opposed (Shobe is not recorded in the vote). Airport Authority rate passed 6-1 with Shobe opposed.
Data note: The finance director's remarks give slightly different rates than the resolutions (see below); the resolution text is used here.

Presented by Dondlinger as a ministerial step required by the City Charter, matching the tax rate to the budget (Resolution A-95882) adopted August 24 after the August 3 hearing. The joint tax rate hearing was held September 17.
Rate: $0.29679 per $100 of assessed value, down from $0.29732. Total assessed value differs from last year by 5.55 percent; the revenue-neutral rate would be $0.28170; the total operating budget exceeds last year's by 5.31 percent.
Property tax request: $120,545,840. By fund: General $88,963,747 (0.21903); Police and Fire Pension $15,828,817 (0.03897); Library $12,207,730 (0.03006); Bond Interest and Redemption $3,545,546 (0.00873).
Vote: Beckius, Bowers, Carlson, Washington, Weber yes; Duden no. Shobe does not appear in the recorded vote.
Same meeting, first reading: a correction to budget schedules 2 and 3 for a clerical error.

Rate set at 0.029132 per $100 to raise $11,832,000: $7,059,760 for bonded debt and $4,772,240 for capital and operating needs, using the valuation the county assessor certified August 20.
Passed 6-1; Shobe voted no.

In his remarks, Dondlinger gave the city rate as 0.296709 and the airport rate as 0.029182; the resolutions say 0.29679 and 0.029132. Confirm against the adopted resolutions.

City levy resolution passed 5-1 (Duden no); Airport Authority rate passed 6-1 (Shobe no).