Another county goes on record against repealing inheritance tax.
A news release issued by the Cass County board explains how the authorization of the use of $950,000 from Inheritance Tax kept the county general mill levy at the same level as last year.
The money went to final payments on the courthouse roof project, partial payment of the 18th Street paving, the federally mandated radio frequency upgrades, data processing servers/backup systems, a redundant air conditioner in the server room and a new phone system for the emergency management agency/county extension building.
Officials said the transfer of $950,000 resulted in a savings to the county levy of .03593.
The Cassgram reports, “The County Board is careful on what projects are paid for out of the Inheritance Fund by selecting projects that are either capital improvements or infrastructure projects that will give benefit to the majority of county offices or population.”
The county board took the action in advance of what is expected to be another attempt by Nebraska Governor Dave Heineman to urge the state legislature to eliminate the tax. In an attempt to repeal Inheritance Tax in the last legislative session, Heineman said that currently Nebraska is one of only eight states with an inheritance tax. He pointed out that Nebraska was named in Forbes Magazine as a state where not to die in 2012.
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