Community Toolbox


Local Funding Opportunities

Local Option Municipal Development Act (LB840)
The Local Option Municipal Economic Development Act (LB840, 1991) authorizes incorporated cities and villages to collect and appropriate tax dollars (sales and/or property tax) if approved by the local voters, for economic development purposes.

TIF (Tax Increment Financing)
Tax increment financing (TIF) in Nebraska is primarily designed to finance the public costs associated with a private development project.  Essentially, the property tax increases resulting from a development are targeted to repay the public investment required by a project.

For a brief outline of the TIF program Click Here

Policies for Community Adoption for State/Federal Grants

There are a number of policies that communities must adopt and adhere to, to be eligible to receive state and/or federal grants. Templates, below, are provided for community use and adoption: