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Department Of Revenue Releases Total Property Tax Increases State Wide

moneyThe Nebraska Department of Revenue says the statewide total of property taxes collected by counties increased nearly 4 percent between 2011 and 2012.

Lincoln County property taxes increased by 3.17%.

The state property tax administrator released the report on Thursday, noting a total $123 million property tax increase. Property taxes jumped from $3.1 billion in 2011 to $3.2 billion in 2012.

The uptick is attributed to $84.7 million in county tax increases on existing property, $28.8 million in newly constructed property and $9.5 million in voter-approved bonds.

The greatest increase was in Dixon County, which grew by 16.2 percent. Lancaster County taxes rose by 5.4 percent, and Douglas County saw an increase of a little more than one-quarter of a percent.

Sioux, Dawes and Arthur counties saw their property taxes decline.

See the list here.

 

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