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Village of Pilger faces reduced tax revenue after tornado

PILGER, Neb. (AP) — Last summer's tornado that destroyed much of Pilger has left the village facing an uphill battle in the coming year when it comes to finances due to reduced tax revenue.

But as crews work to replace homes that were damaged in the June 2014 tornado and businesses look to fill the now empty Main Street, the assessed value of property in the community is expected to increase, making Pilger's future outlook much brighter than the current one.

The Norfolk Daily News (http://bit.ly/1JUwp1F ) reports that the tornado destroyed about 40 percent of the homes in Pilger.

The valuation of taxable property in the community stood at more than $10.6 million in 2014. This year, due to the high loss of property, the valuation was more than $7.8 million.

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Information from: Norfolk Daily News, http://www.norfolkdailynews.com

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