The Nebraska Tax Equalization and Review Commission reversed the Douglas County Board of Equalization’s valuation of a taxpayer’s vacant commercial parcel for tax years 2023 and 2024. The County Board had assessed the property at $631,800 for both years, but the taxpayer appealed, arguing the valuations were arbitrary and not equalized with comparable properties. The Commission found that the board’s adjustments to comparable properties were inconsistent and lacked uniformity. Accordingly, the Commission reversed the board’s determinations and reduced the property’s valuation to $367,900 for both years. [Neb. Tax Equalization & Rev. Comm’n, Docket No. 23C-1419, 05/06/26]
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