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Lincoln officials back recommending 2.9% tax‑levy proposal ahead of Dec. 15 public hearing
Summary
Treasurer Conzo recommended a 2.9% tax‑levy option for 2025 to improve pension funding, estimating roughly $49,271 in additional revenue and proposing a 55/45 split between firefighters' and police pensions; the council agreed to place the item for formal vote after a Dec. 15 public hearing.
Lincoln Treasurer Conzo told the Committee of the Whole on Nov. 25 that staff had prepared several tax levy options for 2025 and recommended the 2.9% option, which he said matches the consumer price index and would yield about $49,271 in additional revenue. He recommended allocating 55% of any increase to the firemen's pension fund and…
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