Please note that data are cataloged by fiscal years -- you can switch to different years using the links below. For more info see our user guide.
Nebraska 2019 Revenue Lost to Tax Abatement Programs
Click on the name of a program for more details.
|Program Name||Program Type||Revenue Loss|
|Angel Investment Tax Credit||Capital investment||$6,114,000|
|Beginning Farmer Tax Credit Act||Agricultural development||$1,619,000|
|Community Development Assistance Act||Community development||$263,000|
|Employment and Investment Growth||Job creation||$51,593,000|
|Invest Nebraska Act||Job creation; capital investment||not reported|
|Nebraska Advantage Act||Job creation||$194,303,000|
|Nebraska Advantage Microenterprise Tax Credit Act||Small business development||$857,000|
|Nebraska Advantage Rural Development Act||Rural development||$1,217,000|
|Nebraska Job Creation and Mainstreet Revitalization Act||Historic preservation||$4,362,000|
|New Market Job Growth Investment Tax Credit||Community revitalization||$11,715,000|
|TABULATED STATE-LEVEL TOTAL||$272,043,000|
Tabulated localities and districts
Click on the name of jurisdiction for a list of tax abatement programs that reduced its tax revenue.
We estimated the reporting rate among local governments for each state using 2018 and 2019 data. This is to gauge how much data is available in that state.
For Nebraska, the estimated reporting rate is as follows:
Cities/counties: 11 out of 17 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
School districts: 46 out of 244 CAFRs or financial statements we examined provided information on tax abatement programs in accordance with GASB Statement No.77.
Concerned about the lack of disclosure? Check out the roadmap on GASB 77 compliance we created for NE. You can also get a CSV file of the localities in NE that did not make any tax abatement disclosures in their annual financial reports.
Local government / school district financial audits are posted here.