OMAHA, Neb. (AP) — An index of economic conditions in 10 Midwest and Western states has jumped for a third straight month, but the looming "fiscal cliff" and other factors have shaken confidence in the region's economy for the coming months.
Omaha’s 2013 budget proposal contains no property tax increase, and estimates sales tax revenue will grow 1 to 3 percent.
Mayor Jim Suttle introduced the 2013 budget at Tuesday's City Council meeting. The general fund budget is $319.8 million, a 2.76 percent increase over the 2012 spending plan. Most of the growth in the 2013 plan is due to Omaha Public Works’ budget.
The budget plan accounts for 1.75 percent raises for police, fire, and civilian personnel in 2013. It also includes a police department recruit class.