Kearney Has Second Lowest Property Taxes in Nebraska

Today I am happy to be ranked second-to-last, and you should be too. Kearney has dropped to the bottom of the list with the second lowest property taxes among first class cities in the state. Cities are classified as first class if they have more than 5,000 population – outside of Lincoln and Omaha. Kearney residents get a great value for their money. The City is an efficient operation that has not cut services or jobs even during the ongoing recession. Citizen support for the Special ½ cent Sales Tax, reasonable periodic rate increases for services ranging from water to golf rounds, and employee acceptance of a freeze in cost of living wage increases during the recession have been instrumental in keeping property taxes low.

The City of Kearney has a property tax levy of .148870, or about 15¢ per $100 of valuation for the fourth consecutive year. On a house valued at $150,000 the City receives $225 in property taxes. This shows the value of local government to residents, the services received – streets, water, sewer, police, fire, library, and airport – are provided with a very low property tax burden.