LPS could reduce property tax levy by even more than planned under next budget

LINCOLN, Neb. (KLKN) — The average homeowner would see their school property taxes go down under the proposed budget for Lincoln Public Schools.

The school board held a hearing Monday that was one of the final chances for the community to voice concerns.

In June, the district unveiled a $560 million budget that would increase spending by about $20 million but reduce the property tax levy by 7 cents.

Most of the increase will go toward salary and benefit boosts for staff.

But Liz Standish, the associate superintendent of business affairs, said the district was able to lower the tax levy even more than expected.

“You’re always balancing what we need to do to serve children — because that’s the most important thing we can do — and what we can do for the community as a whole,” she said.