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Cash Surplus Means Lower Tax Levy For Lancaster County

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KFOR
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An unusual influx of cash will allow Lancaster County lower its property tax levy, officials said. The county has more more money than usual thanks to federal pandemic aid, a large carry-over of money from this year’s budget and a total revaluation of property in the county. The Lincoln Journal Star reports that most of that money won’t be used in the county’s $128.5 million general fund budget, which is supported by property taxes, but officials still plan to lower the tax levy by 1 cent per $100 of valuation. The general fund budget will increase by about $5.1 million.