Mayor Jean Stothert has put forth a proposal to reduce Omaha's property tax rate by 3. 3% in the 2025 budget, marking her fifth consecutive tax cut since taking office. This reduction will bring the total decrease in the city's tax rate to 11. 94% over the last 11 years, highlighting Stothert's commitment to managing the city's finances responsibly. The 2025 General Fund budget is projected at $531.

1 million, a 4. 8% increase from the previous year, with significant allocations for essential services such as police and fire protection, libraries, and community programs. Stothert presented her budget recommendations just before a special session of the Nebraska Legislature, where discussions on property tax reform are expected to take place. She expressed concerns that potential changes in state tax collections could adversely affect Omaha's future budgets. The proposed budget aims to enhance funding for police officer recruitment, as the Omaha Police Department currently faces staffing challenges with only 780 officers compared to a budgeted 906.

The Mayor's approach emphasizes prudent budgeting and savings, particularly in the context of the city's growing cash reserves. As the city navigates potential legislative changes, Stothert remains focused on advocating for the citizens of Omaha.