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The University of Nebraska-Lincoln’s Center for Agricultural Profitability and Nebraska Extension will present a workshop in O’Neill for farm and ranch landowners, landlords and tenants who want to learn more about current trends in farm or ranch real estate, and best practices for managing or leasing land. “Big Questions and Innovative Solutions in Land Management” will be held from 1 to 4 p.m., Dec. 11, at the office of Nebraska Extension in Holt County, 128 N. 6th St., Suite 100. The workshop will cover topics related to Nebraska's land in...
Kathy Mesner has a word for the potential fallout from a property valuation dispute in Lancaster County. Catastrophic. "I don't think it's too much to say it may be catastrophic not only in terms of bankrupting projects ... but displacing all these low-income households across the state," said Mesner, an attorney and president of Central City-based Mesner Development Co. In the past year, a narrow disagreement on how to value 21 Lincoln-area properties has morphed into a court fight over a...
KATIE ANDERSON Nebraska News Service Property tax relief is on the agenda for the 17-day legislative session later this month, but opponents argue that the proposed property tax relief plan will hinder school district spending and taxing authority. State Sen. Lou Ann Linehan of Elkhorn, chairwoman of the revenue committee, is leading the charge to get a property tax relief package passed when the Legislature resumes on July 20. “We have a property tax crisis more severe now in agriculture but moving toward suburbia,” Linehan said. “If you b...
For the first time since 2014, agricultural land values in Nebraska have increased. According to preliminary results from the University of Nebraska-Lincoln's Farm Real estate Market Survey, ag land values increased 3% over last year's statewide average of $2,650 per acre. The increase is the first year-to-year jump in price since land values peaked at $3,315 per acre in 2014. Limited supply of land for sale, strong demand for purchases and disaster assistance payments from the last year drove...