Nebraska Review Commission Reverses Douglas County Board’s Property Tax Valuation of Residential Property

The Nebraska Tax Equalization and Review Commission June 28 reversed the Douglas County Board of Equalization’s decision regarding the property tax valuation of taxpayer’s residential property for tax year 2022. The taxpayer appealed the Board’s determination that the property’s taxable value was $412,100, asserting that the Board’s valuation was not equalized with other comparable properties, and that the condition rating of the property was incorrect as it failed to take into account the interior of the property. Upon review, the Commission found that the taxpayer’s argument was correct. The valuation should have accounted for the interior of the property and ...