Nebraska ranks in the top five among states in a national ranking for business climate.
CNBC ranks Nebraska fourth in its latest poll. South Dakota ranks first with North Dakota coming in third.
Gov. Dave Heineman says the ranking demonstrates the strides the state has made of late.
“We made great progress in terms of business friendliness, the quality of life. We still have work to do on the overall tax burden. As I’ve said, we need to provide tax relief for our citizens,” Heineman tells Nebraska Radio Network affiliate KLIN.
Nebraska ranked highest (#3) on the network’s scale of Business Friendliness. It ranked lowest (#39) in Access to Capitol.
The top five, in order, are South Dakota, Texas, North Dakota, Nebraska with Utah and Virginia tying for fifth.
Heineman says the ranking reflects a state economy that keeps growing and keeps adding to the state’s coffers.
“We now have the largest cash reserve in the history of the state and that goes along with an improving economy and that means we need to provide tax relief to our citizens,” Heineman says.
Tax receipts finished off the fiscal year on a strong note, with robust June receipts swelling the cash reserve to $679 million. The state unemployment rate ranks second in the nation at 3.8%, second only to North Dakota.
Heineman says the ranking reflects the work he and the legislature have undertaken to improve the state’s business profile, but the governor says one piece is missing.
“Tax relief should be the number one priority of the next legislative session.”
Jane Monnich, KLIN, contributed to this report.