Omahans to see property tax rate cut with City Council approval of Stothert’s $920 million budget

The Omaha City Council added about $100,000 in spending to the mayor’s 2017 budget recommendation, leaving intact her proposed 2 percent property tax cut.

Mayor Jean Stothert said she’s pleased with the council vote and doesn’t expect to veto any of the council’s amendments.

“This is minimal, and these are good programs,” she said.

The council voted 7-0 on Tuesday to approve the $920 million budget.

Of that, about $370 million is for day-to-day operational spending from the city’s general fund.

The city’s 2017 property tax rate is 47.922 cents per $100 of valuation, one cent lower than this year. The owner of a home valued at $150,000 would pay $719 annually in city property taxes — $15 less than this year.

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