A 'TURNBACK TAX' DISTRIBUTION TO BENEFIT 27 NORTH OMAHA GROUPS, SMALL BUSINESSES

OMAHA- About $198,000 in grants to benefit the area were announced Thursday by a committee including Douglas County Commissioner Chris Rodgers, Omaha City Councilwoman Juanita Johnson, North Omaha State Sen. Terrell McKinney and community members Ernest White and Rodney Johnson. ​​​​

The funds are awarded under the Nebraska Convention Center Facility Financing Assistance Act, which dictates that much of state sales tax revenue collected by hotels and retailers within a certain distance of a convention center are to be “turned back” to political subdivisions to pay off debt for the facilities.

The act, as amended, provides that 10% of that turnback tax funding received by the City of Omaha is be used in high poverty areas for these reasons: to showcase historical aspects; to reduce street and gang violence; and to assist small-business growth.

South Omaha received a separate portion of turnback tax grants worth about $198,000 for the 2023-24 grant cycle.

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