Category: Property Tax

The Long Game on Property Taxes

From the Office of Governor Pete Ricketts –  Last week, I delivered my second State of the State address to the Unicameral, and then I went on the road for 10 statewide stops to talk directly with Nebraskans in South Sioux City, Columbus, Grand Island, Hastings, North Platte, Sidney, Scottsbluff, Alliance, Valentine, and Fremont. 

Basics of Property Tax

Overview The property tax is levied only by local governments in Nebraska. State government has been prohibited from levying a property tax since a successful initiative petition in 1966. The property tax is levied on real estate and most personal property used for the production of income.