When Omaha voters look at their ballots for this election, they will be asked whether to approve the city’s bond in six sections. City officials and Greater Omaha Chamber CEO Heath said the six bond issues are worth a total of $333.4 million, but none of them will raise taxes. Melo. “The city has funds in the existing city budget to pay for these bonds, so there will be no property tax increases associated with the bonds.” It will be specified that the amount of tax collection will not be increased. If passed, the city would have the authority to issue bonds through 2032. The Capital Improvement Plan includes projects in six categories: public safety, public facilities, transportation, street preservation, parks and recreation, and environment (sewerage). $80.9 million in transportation bonds Major road projects are paid for with federal funds, which must be matched with local funds. The city uses bonds to pay for the games. Examples of transportation projects that will be paid for with future bonds: Fort Street improvements (including bridge replacement) at 120 West Park Entrance Road L Street Viaduct and Dodge Bridge replacement at 38th Street Saddle Creek Enterprise Park Roadway ( 11th & Locust) 180th Street – Harney to Arbor Public Facilities Bond $146 million Planned Facility Projects: Downtown Police Branch Downtown Fire Department CHI Center Arena and Convention Center Renovation/Expansion New Omaha Police Department Outdoor Firing Range (Existing ) Public Safety Bond: A $10 million public safety bond will pay for police and fire department equipment and vehicles. The $72 million street preservation bond continues the accelerated street repair and maintenance program approved by voters in 2020. These bonds pay for a variety of construction and reconstruction projects. Current and previous projects funded with street preservation bonds are listed at the following link: https://keepomahamoving.com/projects/street-preservation-fund-projects Environmental Bonds (Sewer) $14.5 Environmental Bonds will be paid for projects involving storm drains and drainage in nearby Missouri. River flood control systems, waterway stabilization. The environmental bonds will not be used to pay for the ongoing combined sewer overflow program or improvements to the City’s regional wastewater collection and treatment system. $10 million in Parks and Recreation Bonds The Department of Parks, Recreation and Public Property uses bond funds to purchase land for public purposes. We will build new facilities including a community center, sports fields and courts, playgrounds and splash pads, future trail connections, and major facility renovations. The ballot question will specify that property tax collections will not increase if voters approve the bond. If passed, the city would have the authority to issue bonds through 2032. “Safety, improved streets and infrastructure, and accessible parks and amenities are especially important to our residents,” Mayor Jean Stothert said in a news release. “These bonds allow the city to provide a higher level of service to its citizens and meet the city’s growing needs without increasing levies.”
Omaha, Nebraska —
When Omaha voters look at their ballots in this election, six sections will be asked whether to approve bonds for the city.
The six bond issues are worth a total of $333.4 million, but none will result in tax increases, according to city officials and Greater Omaha Chamber CEO Heath Mello.
“The city has funds in the existing city budget to pay for these bonds, so there will be no property tax increases associated with the bonds.”
The ballot question will specify that property tax collections will not increase if voters approve the bond. If passed, the city would have the authority to issue bonds through 2032.
The Capital Improvement Plan includes projects in six categories: public safety, public facilities, transportation, street preservation, parks and recreation, and environment (sewer).
Transportation bonds $80.9 million
Large road projects are paid for with federal funds and require local matching. The city will use the bond to pay for the game.
Examples of transportation projects paid for with future bonds:
Improvements to 120 W. Fort Street Park Entrance Road including bridge replacement.
L Street Viaduct at 38th Street
Saddle Creek and Dodge Bridge Replacement
Enterprise Park Roadway (near 11th & Locust)
180th Street – Harney to Arbor
Utility Bonds $146 million
Planned facility projects:
downtown police station
downtown fire station
Renovation and expansion of CHI Center Arena and Convention Center
New Omaha Police Department outdoor shooting range (to replace existing Elkhorn location)
Public safety bond: $10 million
Public safety bonds are used to pay for police and fire equipment and vehicles.
$72 million street preservation bond
To continue the street repair and maintenance promotion program approved by voters in 2020. These bonds pay for various construction and reconstruction projects. Current and previous projects funded with street preservation bonds are listed at this link: https://keepomahamoving.com/projects/street-preservation-fund-projects
Environmental bond (sewerage) $14.5
Environmental bonds pay for projects such as nearby storm drains and drainage, Missouri River flood control systems, and waterway stabilization. The environmental bonds will not be used to pay for the ongoing combined sewer overflow program or improvements to the City’s regional wastewater collection and treatment system.
Parks and Recreation Bonds $10 million
The Department of Parks, Recreation, and Public Property uses bond funds to purchase land for public purposes, construct new facilities such as community centers, sports fields and courts, playgrounds and splash pads, and develop future trail connections and major facilities. We are undergoing renovations.
The ballot question will specify that property taxes will not increase if voters approve the bond. If passed, the city would have the authority to issue bonds until 2032.
“Public safety, improved streets and infrastructure, and accessible parks and amenities are especially important to our residents,” Mayor Jean Stothert said in a news release. “These bonds allow the city to provide a higher level of service to its citizens and meet the city’s growing needs without increasing levies.”
