CITY OF LEXINGTON - Ad from 2026-09-01

City of Lexington
IN
Dawson County, Nebraska
NOTICE OF BUDGET HEARING AND BUDGET SUMMARY
PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Sections 13-501 to 13-513, that the
governing body will meet on the 8th day of September 2026, at 6:00 o’clock P.M., at City Hall 406 E 7th Lexington NE for
the purpose of hearing support, opposition, criticism, suggestions or observations of taxpayers relating to the following
proposed budget. The budget detail is available at the office of the Clerk during regular business hours.
2024-2025 Actual Disbursements & Transfers
2025-2026 Actual/Estimated Disbursements & Transfers
2026-2027 Proposed Budget of Disbursements & Transfers
2026-2027 Necessary Cash Reserve
2026-2027 Total Resources Available
Total 2026-2027 Personal & Real Property Tax Requirement
Unused Budget Authority Created For Next Year

$
$
$
$
$
$
$

44,081,684.00
39,908,622.00
55,368,026.00
14,713,838.00
70,081,864.00
1,992,944.42
-

Breakdown of Property Tax:
Personal and Real Property Tax Required for Non-Bond Purposes
Personal and Real Property Tax Required for Bonds

$
$

1,992,944.42
-

NOTICE OF SPECIAL HEARING TO SET FINAL TAX REQUEST
PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Section 77-1632, that the governing body
will meet on the 8th day of September 2026, at 6:00 o’clock P.M., at City Hall 406 E 7th Lexington NE for the purpose of hearing
support, opposition, criticism, suggestions or observations of taxpayers relating to setting the final tax request.
2025
Operating Budget
54,918,415.00
Property Tax Request
$ 1,884,102.00
Valuation
590,596,638
Tax Rate
0.319017
Tax Rate if Prior Tax Request was at Current Valuation
0.292070

2026
55,368,026.00
$ 1,992,944.42
645,085,878
0.308942

Change
1%
6%
9%
-3%
September 1, 2026