Posted February 27th, 2015 by ChuckWe greatly appreciate the intent of these bills to provide reductions in property taxes. However, we would advocate, instead, for more systemic property tax reform, as opposed to injections of funding into the Property Tax Credit program.
Posted February 24th, 2015 by ChuckIncreased oversight of Tax Increment Financing – or (TIF) – which is the focus of two bills before the Legislature – would help ensure the programs work as intended while not creating unintended consequences that affect school funding and property taxes.
Posted February 23rd, 2015 by ChuckLast week was busy on the Nebraska tax and education policy front as OpenSky testified on issues such as funding for school construction, property tax reliance, income tax cuts, sales tax increases and the use of online sales tax revenue.
Posted February 20th, 2015 by OpenSky PolicyOftentimes, the actions of the Nebraska Economic Forecasting Advisory Board are followed by calls for tax cuts or increased spending. But there are several factors other than the projections to consider when making state fiscal policy decisions.