OMAHA- Mayor Jean Stothert is proposing a tax cut in the upcoming city budget, marking the third time she has pushed to reduce the city’s property tax levy during her tenure leading City Hall.

Stothert’s recommended 2% tax reduction for the City of Omaha levy is the result of a few things, she and her budget planning team said this week: a higher-than-normal rise in property valuations by the Douglas County assessor, solid investment returns, and an expected $112 million payout from the most recent federal coronavirus relief package, half of which the city already has in the bank.

Stothert, who won a third term as mayor in May, proposed the tax cut during her 2022 budget proposal to the public and the Omaha City Council on Tuesday.

A public hearing on the budget is scheduled for 6:30 p.m. Aug. 3 in the Legislative Chambers of the City-County Building at 1819 Farnam St.

Other notable items from Stothert’s proposed budget and capital improvement program include early plans for a new police and fire headquarters, more Public Works employees to oversee additional street repairs and money to kick-start Omaha’s tourism industry as the area continues to emerge from the ongoing pandemic.

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