After slumping 29.8% during the first COVID-19 summer in 2020, hotel-motel tax collections for this year’s June-August period soared 80.7% to a record $463,694.
“The point is there’s a lot of questions,” said fiscal analyst Craig Beck. “This would be a complete, significant overturning of our current tax code.”
“Big Mo (momentum) keeps heading in the right direction,” said Gary Person, president and CEO of the North Platte Area Chamber & Development Corp.
The City Council will hold its public hearing on the $136.7 million plan during their regular meeting at 5:30 p.m. Tuesday. They’ll take their final vote at a special meeting Sept. 9.
Net sales tax collections leapt to $895,814, crushing March’s record of $849,863 and lifting the city’s 2020-21 total to a record $8.35 million with a month left in the fiscal year.
The city of North Platte would hold its property tax request steady but budget 7.2% less spending for all its funds next year, according to the city’s draft 2021-22 budget.
They’ll be taken up early in the council’s first regular August meeting, set to start at 5:30 p.m. in the City Hall council chamber at 211 W. Third St.
Local leaders have credited North Platte’s sales tax surge to renewed local shopping during the pandemic, as well as stronger state laws on online sales tax collections that began to show their impact as COVID-19 took hold.
Members of North Platte’s QGF Citizens Review Committee unanimously agreed to recommend a $200,000 annual commitment over 10 years to help gain state matching funds to develop the proposed park just outside Hershey.
The Nebraska Department of Revenue announced Monday that the state motor fuels tax will drop to 27.7 cents per gallon on July 1, down from 28.7 cents per gallon currently.
Another month, another monthly record for city sales taxes in North Platte.
After all this time of staying home, the mask-wearing and the vaccine-taking, that magic carpet ride that is travel is taking flight once agai…
"The pandemic caused a financial hardship for many Nebraskans, including those in Gage County," the governor said. "I consider the funding provided by LB103 as a one-time payment in light of this extreme hardship circumstance."
North Platte has had another run of good economic news. It again shows what happens when a community with so much going for it resolves to tak…
A new electric version of Ford's immensely popular F-150 pickup truck could be the catalyst that hastens America's transition from gasoline to…
Lincoln County lodging taxes burst out of their pandemic-long slump, with one tourism leader crediting a happy onslaught of sandhill cranes — and crane-watchers — for the hotel-motel tax’s second-best March in online state records dating to 2006.
State lawmakers balked Wednesday at a proposal to scrap Nebraska's existing taxes and replace them with a first-in-the-nation consumption tax.
People who want a better mall for North Platte need to let their city officials know, the Telegraph’s editorial board says. Share below how you feel about the mall plan.
North Platte’s February sales-tax collections fell short of last February’s total but still ranked No. 2 for the month since 2006. Net lodging taxes for Lincoln County totaled $37,852.
The continued brisk pace of sales-tax collections — which Gary Person said also now regularly reflects online purchases by local residents — guarantees another annual cash infusion for QGF at the end of 2021.
The Nebraska Legislature's Revenue Committee appears poised to advance a proposal that would gradually phase out state income taxes on Social Security. Nebraska is one of only 13 states that tax those benefits.
A separate bill would repeal the sales tax on the use and consumption of residential water. "This is for the people," Sen. Justin Wayne said. "You can buy water from the store and not get taxed, but you get taxed for it at home."