Omaha's population would grow by 955 people under an annexation proposal announced by Mayor Jean Stothert Thursday morning.
Stothert is asking the city council to annex four SID's:
Stone Creek Plaza, southwest of 156th & Fort
The Willows and adjacent areas, northwest of 168th & Blondo
Ranch View Estates and Ranch View Estates 3, southwest of 214th and Pacific
Stothert says the city conducted its annual evaluation of the city's 132 SIDs. A financial analysis showed the four SIDs and two adjacent areas were good candidates for annexation.
She says property taxes in the four SIDs would decrease by an average of $475 per $100,000 valuation if the proposal becomes a reality. The city would expect to collect $9.6 million more in revenue over ten years through property taxes, sales tax, wheel tax and street and highway funds.
The city would pay off $3.4 million in debt still owed by the SIDs. The cost of city services would be about $4.9 million. After expenses, the actual revenue would be about $2.3 million.
"Omaha must continue to grow and remain competitive as one of the largest Midwest city," said Stothert in the release. "Continued, managed growth is important to attract new businesses and jobs. It has a positive impact on our bond ratings and additional revenue allows us to continue investing in our top priorities, public safety and street repair and improvements."
The proposal will go to the Omaha Planning Board on June 5 and then the City Council for a public hearing June 25. If passed, the annexation would become effective July 31.
An open house will be held for residents and business owners 5:30-7 p.m. May 23 at the Saddlebrook Community Center at 14850 Laurel Avenue. The mayor and representatives from city departments will be available for information and answer questions.