Nebraska Tax Commission Reverses Douglas County’s Property Value Decisions

The Nebraska Tax Equalization and Review Commission issued a decision reversing the decisions of the Douglas County Board of Equalization, regarding the taxable values of six properties owned by a LLC for the 2024 tax year. The dispute centered around the assessed values of these properties, which the taxpayer had protested to the county board. During the hearing, the county appraiser presented stipulations for revised values based on condition rating changes and corrected paperwork, and the taxpayer agreed to these stipulated values. On appeal, the Commission found that the county board had failed to act on sufficient competent evidence, and ...