Nebraska

The Omaha City council is considering several revenue streams to support borrowing that would help finance a proposed $156 million streetcar system.

Lagging Nebraska tax revenue resulted in a new cut to the state’s revenue forecast.

Issuers in the Midwest sold $87.2 billion of municipal bonds in 2016, a 23.4% year-over-year increase that was the biggest of any region.

Most Nebraskans could see an income tax cut beginning in 2020 under a tax overhaul proposal Gov. Pete Ricketts announced Thursday.

Nebraska Gov. Pete Ricketts will deliver his State of the State address Thursday, which will focus on the release of a new two-year budget and his plan to deal with a $276 million deficit in the current budget.

Tax and bond measures found success in California and Washington on Election Day.

The Nebraska Farm Bureau says a community college’s $369 million bond question on the November ballot would lead to a massive property tax increase on farmers, business, and homeowners in southeast Nebraska.

Ralston, Nebraska’s general obligation arena bonds were dropped seven notches to junk by S&P Global Ratings after the project has struggled to produce the revenue needed to repay the debt.

The issuers of the Midwest sold $41 billion of municipal bonds in the first half of 2016, spurred by increased new money issuance, according to Thomson Reuters data.

Four port authorities and a wholesale electricity provider are warning that rules proposed by the Treasury Department and Internal Revenue Service earlier this year could hurt their standing as political subdivisions and their ability to issue bonds as well as complicate their governing structures.