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Two years in, where is the property tax relief from Nebraska casinos?

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Regulation

2024-08-15

Two years in, where is the property tax relief from Nebraska casinos?

After voting to legalize casinos in 2020, many Nebraskans are wondering why they haven’t seen property tax relief yet.

“Yeah, this is what has me confused,” Melanie said on the Now Local News App. “We were told if we approve the casinos, it would help with property taxes. I haven’t seen evidence of it. Does the state have any numbers?”

The Nebraska Legislature expected that in fiscal year 2022-23, casinos would bring in about $34 million for property tax relief. But in reality, the casinos fell far short, only generating $8 million.

That amount increased to $14 million in the fiscal year that ended June 30 — still below projections.

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