Home
Welcome to the Buccaneer Bay, Block 27, Sailboat Lake website. This website is owned and operated with funds from the Lake Lot Owners Association dues-paying members. With this website, Association Members can keep abreast of the latest news provided by the Board of Directors and committees and other community events. Association documentation and application forms may be found under the Documents tab. Inputs to this site are welcomed. You are also invited to visit the Buccaneer Bay website at: http://www.buccaneerbay-ne.org/
Tax Changes for Sailboat Lake Common Areas Adjusted Following Revaluation
Sailboat Lake property owners will see changes in tax assessments for the community’s common areas following a recent revaluation by Cass County.
Earlier this year, the county reassessed six lots designated as common areas, initially increasing the total property tax from $754.50 to $3,896.74. The significant hike raised concerns among board members and led to further discussions with the county assessor’s office.
After a thorough review and reevaluation, county officials have adjusted the tax amount to $1,561.08—reducing the originally proposed increase by more than half.
The revised assessment brings some relief to property owners, though it still represents a notable increase from previous tax levels. Board members continue to monitor tax policies affecting shared spaces to ensure fair valuation in the future.