Nebraska Tax Commission Reverses Sarpy County’s Mobile Home Valuation Decision

The Nebraska Tax Equalization and Review Commission issued a decision reversing the determinations of the Sarpy County Board of Equalization regarding the valuation of a residential improvement on leased land for the 2023 tax year. The dispute centered around the assessment of a 1,216-square-foot mobile home built in 1999, which the County Board had valued at $41,289. The Taxpayer argued that this valuation was not equal to that of comparable properties. The Commission found that the County Board’s application of an economic depreciation factor to the Subject Property, based on limited sales data, resulted in a disproportionately high valuation compared ...