Legislature Debates Bill That Could Raise Property Taxes
State lawmakers are expected to debate a bill would lead to higher property taxes. The bill, LB 540, would allow the increase of property taxes to make up for lost state aid to schools. The Governor is lobbying for a 10% reduction in state aid to schools. Senators are looking for a softer blow. They're proposing to increase the maximum levy of $1.00 to $1.04.