NE Neb. tax picture becoming clearer - KTIV News 4 Sioux City IA: News, Weather and Sports

NE Neb. tax picture becoming clearer

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Residents in northeast Nebraska are getting the final pieces to their property tax puzzle as elected officials set their fiscal budgets this month.

Two governing bodies have approved their fiscal 2014 budgets this week.

Tuesday morning, Madison County Commissioners approved a $39.7 million budget.

County leaders say the county tax levy will be staying virtually the same as last year at 42.5 cents per $100 of property value.

Meanwhile, the Norfolk Public School Board approved its budget last night.

School administrators say the NPS budget was boosted by a $3.1 million increase in state aid.  For taxpayers, that means the levy will be going down from $1.26 to $1.22.

Both governing bodies say modest increases in property values in the area helped with budgeting immensely.

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