Brace Yourself: Ralston Residents Could Pay Higher Property Taxes To Pay For The City's Struggling Arena

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Homeowners in Ralston are bracing for a potential increase in their property tax bill.

The idea was presented by city leaders at a special meeting Tuesday night. The money would help offset funds paid toward the $41 million debt owed for the struggling Ralston Arena.

Three years ago, Ralston voters approved a multi-million dollar bond measure to pay for the city's arena. The hope was that the arena would eventually pay for itself. However, it is losing business to larger arenas nearby, including Omaha's CenturyLink Center, The Mid-America Center in Council Bluffs, and Lincoln's Pinnacle Bank Arena.

Mayor Donald Groesser hopes to avoid the property tax increase by adjusting the distance around the arena where Ralston gets 70-percent of the state's portion of sales tax. Currently, any business within 600 yards is included. Widening that to 1,000 yards would include downtown Ralston.