Proposed Tax Incentives Program for Retail Development
Summary
The city is considering a new policy to share sales tax revenue with developers to help offset public infrastructure costs and jumpstart commercial projects. The program targets projects generating between $25 million and $100 million in sales tax revenue with rebate agreements lasting 5 to 10 years.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Feb 11, 2026.
Impact analysis
Rebates will share a percentage of net new sales tax revenue with developers to fund eligible public infrastructure.
Commercial developers and residents who gain access to new retail and dining options.
Mentions & discussions (2)
Economic Development Committee - Feb 11, 2026
The city is considering a new policy to share sales tax revenue with developers to help offset public infrastructure costs and jumpstart commercial projects. The program targets projects generating between $25 million and $100 million in sales tax revenue with rebate agreements lasting 5 to 10 years.
Economic Development Committee - Jan 14, 2026
The city is exploring a tax incentive program that would share local sales tax revenue and reimburse infrastructure costs for developers who bring major retailers and grocers to Lincoln. This tool aims to help Lincoln compete with neighboring cities and attract businesses without draining the city's general fund.
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