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Gov. Ricketts: Healthy Revenues Mean More Property Tax Relief

Statement

Date: Oct. 15, 2019
Location: Lincoln, NE
Issues: Taxes Government Budget and Spending

Today, Governor Pete Ricketts issued a statement following news that state general fund tax receipts for September were $42 million above forecast.

"Our budget is set for the next two years, and higher-than-expected revenues have flowed into our cash reserve," said Gov. Ricketts. "This trend of healthy revenues is setting the state up to do significant property tax relief in the upcoming legislative session."

Earlier this year, Gov. Ricketts worked with state lawmakers to increase the Property Tax Credit Relief Fund $50 million to $275 million in property tax relief annually.


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