Jan 24, 2020

Mayor wants $200M bond issue to repair more Omaha streets

Posted Jan 24, 2020 4:59 PM
Photo courtesy: Becca Lavin
Photo courtesy: Becca Lavin

Omaha's mayor wants voters to decide whether they're willing to raise their property taxes to fund a long-term plan for improving city streets.

Mayor Jean Stothert announced Thursday that she will ask the City Council to put a $200 million bond issue on the May 12 ballot.

It would cost owners $35 more a year in property taxes for every $100,000 in valuation.

The city spends $41 million a year on street repairs. The mayor says it should be spending at least $75 million a year.