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Gov. Ricketts: New Forecast Means Full Steam Ahead on Property Tax Relief

Statement

Date: Oct. 24, 2019
Location: Lincoln, NE
Issues: Taxes

Today, Governor Pete Ricketts issued a statement following a decision by the Nebraska Economic Forecasting Advisory Board, which raised the revenue forecast by $161 million for the current fiscal year FY2019-20 and $105 million for fiscal year FY2020-21.

"This new forecast pegs revenues at $266 million higher over the next two years," said Gov. Ricketts. "This will allow property tax relief to move full steam ahead during the upcoming legislative session."


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