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Lincoln-area homes will see average double-digit increase in values; revaluation notices in mail, online

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A Lee Enterprises, Incorporated newspaper. Majority shareholder: David Hoffmann, Hoffmann Media Group.

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Lincoln-area homes will see average double-digit increase in values; revaluation notices in mail, online

Home values

Homes line a street near St. Michael Catholic Church in southwest Lincoln. Some home values in Lancaster County dropped for the final valuations.

GWYNETH ROBERTS, Journal Star file photo

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Nancy Hicks

The Lancaster County Assessor has reassessed home values a year early to keep up with the rapidly rising home prices.

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What's coming from your wallet in the Lincoln area: See the breakdown here

Ag Society

The Lancaster County Agricultural Society operates the fair and maintains the event center property. 

Tax rate: $0.001391 per $100 of valuation

Journal Star file photo

Ag Society JPA

Property tax dollars are being used to pay off the remaining $8 million in bonds for construction of the Lancaster Event Center. The event center hosts a variety of events, including horse shows. 

Tax rate: $0.002753 per $100 of valuation.

Journal Star file photo

City of Lincoln

The City of Lincoln funds police and fire protection, libraries, health, Public Works (infrastructure) and numerous other programs.

Tax rate: $0.281820 per $100 of taxable valuation

Journal Star file photo

ESU 18

Educational Service Unit 18 is affiliated with Lincoln Public Schools and funds media services, teacher training, web access, testing, the Pathfinder program for students awaiting court decisions and Heritage School for fourth-graders.

Tax rate: $0.015 per $100 of taxable valuation.

Courtesy photo

Jail JPA city and jail JPA county

Property tax revenue is being used to pay off the $65 million bond issued to build the jail at Southwest 40th and West O streets. Two joint public agencies are involved, because voters did not approve bonds to do it in one package. Both the city and the county have jail JPAs.

Jail JPA county tax rate: $0.007498 per $100 valuation

Jail JPA city tax rate: $0.010967 per $100 in valuation

Journal Star file photo

Lancaster County

Lancaster County offers the county court, clerk's office, jail operations, the county attorney and many other services.

Tax rate: $0.266576 per $100 valuation

Journal Star file photo

LPS

Lincoln Public Schools educates nearly 42,000 students.

Tax rate: $1.04 per $100 of taxable value

GWYNETH ROBERTS, Journal Star file photo

Lower Platte South NRD

The Lower Platte South Natural Resources District operates three trails, wetlands, flood-control dams, lakes and wildlife management areas, well permits and more. 

Tax rate: $0.031212 per $100 of taxable valuation

Courtesy photo

Public Building Commission

The Public Building Commission uses property taxes to pay off bonds used to build some of the block-long building that houses the center of Lincoln and Lancaster County government on 10th Street. The commission also operates various other public buildings owned by the city and county.

Tax rate: $0.017 per $100 of valuation

TED KIRK, Journal Star file photo

Railroad Safety Transportation District

The Railroad Transportation Safety District uses property tax money to establish quiet zones where trains can't blow their horns and safer train crossings.

Tax rate: $0.022217 per $100 of valuation

Journal Star file photo

SCC

Southeast Community College has campuses in Lincoln, Beatrice and Milford and learning centers in Nebraska City, Falls City, Hebron, Plattsmouth, Wahoo and York.

Tax rate: $0.0907 per $100 of taxable valuation

Journal Star file photo

Police and fire pensions

LPS 1999 bond

The bonds voters approved in 1999 paid for the construction of Lincoln's newest high schools, Southwest and North Star. Taxpayers are still paying for building these high schools, for which $90 million in bonds were issued.

Tax rate: $0.027359 per $100 of taxable value

Journal Star file photo

2006 LPS bond

Former LPS superintendent Susan Gourley (right), shown with board members Kathy Danek and Barb Baier watching election results, helped lead approval of a $250 million Lincoln Public Schools bond issue in 2006 that resulted in new schools and many renovations to existing schools.

Tax rate: $0.080456 per $100 valuation

Journal Star file photo

2014 LPS bond

Moore Middle School and the Career Academy were some of the many projects included in the 2014 bond issue for $153 million for Lincoln Public Schools.

Tax rate: $0.053369 per $100 valuation

ERIC GREGORY, Journal Star file photo

LPS Capital Purpose Fund

The Qualified Capital Purpose Undertaking Fund is used to pay down the debt from Lincoln Public Schools' limited tax bond issues used for air quality, asbestos/mold abatement and prevention, elimination of accessibility barriers and life safety code projects.

Tax rate: $0.022959 per $100 taxable value

Reach the writer at 402-473-7250 or nhicks@journalstar.com. 

On Twitter @LJSNancyHicks.

Reassessment schedule

* Preliminary value notices will be mailed this week.

* To learn more about your preliminary assessed value or set up an informal hearing with a staff appraiser, go to lancaster.ne.gov/assessor/2019Values.htm or call 402-441-7463 by Feb. 1.

* Informal hearings will be conducted through March 1.

* Final values posted to website by March 25 and mailed to property owner by June 1.

* Formal valuation protests can be filed with county clerk’s office in June.

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Home values

Homes line a street near St. Michael Catholic Church in southwest Lincoln. Some home values in Lancaster County dropped for the final valuations.

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IrelandUruguay, Eastern Republic ofUzbekistanVanuatuVenezuela, Bolivarian Republic ofViet Nam, Socialist Republic ofWallis and Futuna IslandsWestern SaharaYemenZambia, Republic ofZimbabwe

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