Sarpy County residents to pay the lowest property taxes in decades if the 2023 proposed budgets passes
Sarpy County, Nebraska – The 2023 budget proposal for Sarpy County includes a reduction in the property tax rate.
The proposed $289 million budget for 2023 includes funds for road improvements, the new correctional complex, and ARPA projects, according to Sarpy County officials.
This budget is approximately $48 million greater than that of 2022.
Additionally, the proposed budget reduces the property tax rate to 4%.
The tax rate is decreasing from 29.69 cents per $100 of valuation to 28.49 cents per $100 of valuation, as reported by Sarpy County. Therefore, a resident with a $200,000 home would pay $569.80 in property taxes.
If the budget is approved, the property tax levy will alter for the first time since 2008 if the budget is approved. In addition, it would be the lowest property tax rate since 1985.
“We realize the financial hardships many of our residents are facing, and we as a county are in a good position to lower our mil levy,” said Don Kelly, Chair of the Sarpy County Board of Commissioners. “Through careful, conservative financial management, this budget allows us to lower the levy while still funding critical projects like the new Correctional Center and improve our county roadways.”
The majority of property taxes are allocated to schools, municipalities, and other bodies. Only 12% goes directly to Sarpy County.
The proposed budget also includes funding to hire 33 new employees, the majority of whom would work at the new Sarpy County Correctional Center when it opens next year.
The budget proposal also includes funding for other projects.
- Road improvements will get $84.8 million, $59 million of which will come from a 2022 highway allocation commitment bond.
- The American Rescue Plan Act will provide $22.3 million for projects.
- The completion of the new Correctional Center will cost $8.8 million.
A public hearing on the proposed budget will be conducted in the Sarpy County Courthouse on Tuesday, August 23, at 2:00 p.m. The voting will take place on Tuesday, August 30.