Residents in Lincoln will notice their tax bills lowered this year thanks to the City of Lincoln lowering their levy for the year.
Lincoln Mayor Marti Neitzel says it's a message the to citizens that leaders are thinking of them and want to thank them for their support. Mayor Neitzel adds it is also a result of good budgeting across the community.
According to the Mayor, the Lincoln City Council decided to decrease the levy rather than leave the rate the alone and put the extra funds into the pension system in the community.
Around $50-thousand is the revenue lost from the levy decrease but Mayor Neitzel indicates, the city will still be in good shape.
The Mayor notes the video gambling taxes could a be a source of revenue in 2017 that would make up for the $50-thousand going back into the community. She says it will work itself out and is confident the City will end up with another strong budget.
