Tax Levy Calculators

Residential / Commercial / Personal

Look up your property value on the assessor's website at the following link: Nebraska Assessors Online

Levy: .00215 ($11,000,000 Bond Issue)

Property Valuation Yearly Increase Monthly Increase
$50,000 $107.50 $8.96
$100,000 $215.00 $17.92
$250,000 $537.50 $44.79
$500,000 $1,075.00 $89.58

Agricultural Production Land

Please enter the assessed value from your tax statement, and the calculator will show you the estimated tax impact. The calculator will convert your assessed value to 50% of market value (the value used for bond calculations for ag land per state statue LB2) and multiply it by the bond levy tax rate.

Formula:   Assessed Ag Land Valuation / .72 (72%) X .50 (50%) X .00215 (bond levy) = Annual Tax Impact 

Look up your property value on the assessor’s website at the following link: Nebraska Assessors Online

Ag Land Impact (Converted to 50% of market value per state statute)

Irrigated $8.02 $1,283.00
Dry $3.25 $520.00
Grass $2.16 $346.00

Projected ag land impacts are based on the average assessed value per acre for Buffalo County per the 2024 NE Dept of Revenue Tax Report.

 

OTHER FINANCIAL CONSIDERATIONS

  • The existing bond levy of 13.5 cents will go away in 7 years
  • The existing bond levy was 28.2 cents in its first tax year
  • The existing bond levy has gone down due to refinancing and increasing valuations
  • The NET impact of the new bond will be 8 cents over what you are paying today once the existing bond is retired
  • Current state statute which reduces ag land to 50% of market value for the bond has reduced the annual tax impact from $11.55 per irrigated to $8.02