Property Tax Hike Looms for Lincoln Schools | Lincoln News

0:00It's September 8th. You're listening to Lincoln News today, AI-powered local news. Alright, so the Lincoln Public Board of Education is getting ready to talk about the budget tonight, and it looks like a property tax hike is on the... table. Now, nothing's set in stone yet. They'd have to take some specific steps for anything to actually pass. The district itself is aiming for a 4% bump to their total budget. They aren't changing the tax levy, which is the rate they set. But here's the kicker. Property values in Lancaster County have gone up by more than 5%. Because those property values jumped, homeowners could see their property taxes go up by about 4.2%. It's a situation where the district's rate stays the same, but the value of your property changes the amount you owe. This discussion is happening tonight, and it's not the end of the road for public input. There's a joint public hearing schedule for September 17th, right after tonight's meeting wraps up. So, the boards got a lot to consider, and the community will have another chance to weigh in on these potential tax changes.