(October 2, 2024) Eustis, Neb. – In a pivotal moment for the Village of Eustis, voters will soon decide on a proposal that could significantly impact the community’s future growth and sustainability. The general election, set for November 5, 2024, will include local Eustis items in addition to those covering national and statewide politics. Registered voters of the Village will also be asked to vote to approve an economic development program under the LB 840 plan and to fund that program through a new 0.5% sales and use tax.
The additional 0.5% sales tax, if approved, will raise the overall local sales tax to 7%, with 5.5% allocated to the state and 1% currently dedicated to reducing property taxes and investing in local infrastructure. The new tax is expected to generate approximately $40,000 annually, providing vital funds that can be used to attract businesses, assist with housing and childcare development, and critically, support the local senior center.
“Our senior center has been a cornerstone of the Eustis community for years, offering essential services and a gathering place for our older residents,” said Doug Keller of FOOI, Inc., the local nonprofit entity that is serving as the driving force behind the ballot initiative. “However, it has struggled in recent years to maintain operations. The approval of this program could be the lifeline we need to keep it open and thriving.”
In addition to benefiting the senior center, the economic development funds could be used to attract new businesses, create jobs and revitalize the local economy. The ability to assist with housing and childcare development also addresses pressing needs within the community, ensuring that Eustis remains a viable and attractive place to live and work.
“Over the last couple of years FOOI has worked closely with the Village to try to address these economic development issues, but neither the Village nor FOOI alone can take on the financial responsibility to move the need,” said Keller. “Approving this economic development program will give us the tools we need to be competitive with the rest of the state in attracting businesses and families to Eustis.”
The vote on the LB 840 plan and the accompanying sales tax increase is a crucial step in leveling the playing field with other communities in Nebraska that have already taken similar measures. Over 90 communities across Nebraska have approved an LB 840 economic development program, including the towns of Curtis, Cambridge, Arapahoe, Cozad, Lexington, Holdrege and Gothenburg. Without this funding, Eustis could fall behind in its ability to compete for business investment and development opportunities.
It is important for residents to understand what types of transactions will be affected by the proposed sales tax. The sales and use tax generally applies to the sale, lease, or rental of most goods and some services. Items like groceries, prescription medications, and certain medical devices are typically exempt, ensuring that essential living costs remain unaffected for most families.
An informational meeting will be held to discuss the proposal in more detail and to answer any questions from the public. FOOI will host the meetings at the Eustis Senior Center (111 North Main Street) on Wednesday, October 23, at 7:00 p.m. All residents are encouraged to attend and participate in the conversation about the future of Eustis.
“This is about more than just numbers on a page,” said John Keifer, FOOI President. “It’s about securing a future for our community, our families, and especially our seniors, who have given so much to Eustis. We urge everyone to consider the impact of this decision and to make their voices heard at the polls.”
