NEBRASKA GOV. JIM PILLEN LOOKS TO TACKLE INCONSISTENT SCHOOL FUNDING, HIGH PROPERTY TAXES

LINCOLN- Wakefield Public Schools could be the poster child for Gov. Jim Pillen’s latest bid to ease property taxes. Property owners in the northeast Nebraska district got a break last year when a bump in state aid to schools and new state-imposed tax caps cut their property taxes.

This year’s property taxes rebounded to the previous level and then some; the one-year, 18.3% jump erased the 11.7% drop from the previous year. Wakefield Superintendent Matt Farup blamed a drop in state school aid this year for the yo-yo effect on local property taxes. Based on the state funding formula, school aid typically falls when assessed property values rise as they did in Wakefield and across Nebraska.

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