- Associated Press - Thursday, June 2, 2016

OMAHA, Neb. (AP) - The new property tax valuation notices sent to about 100,000 Douglas County homeowners reflect the increases and reductions ordered by the state.

Assessor/register of deeds Diane Battiato told the Omaha World-Herald (https://bit.ly/1Uxi2Fo ) that her office mailed the valuations out Tuesday to meet the June 1 deadline.

The county plans to appeal the commission’s order to the Nebraska Supreme Court. If the county prevails, it will adjust the valuations accordingly, said Battiato, noting she had to follow the state order in order to meet the deadline.

The Nebraska Tax Equalization and Review Commission had said valuations were too low for more than 75,000 homes in central and west Omaha and ordered Battiato to raise the valuations by 7 percent. The commission also said valuations were too high on about 25,000 properties in northeast Omaha and ordered Battiato to lower them by 8 percent.

State law requires residential property to be assessed at a value that falls between 92 percent and 100 percent of its market value. The valuation notices tell the owners what their homes are considered to be worth for calculation of 2016 taxes, which will be due in 2017.

The actual taxes owed won’t be determined until local governments - the city, the county, school districts and the like - set their tax rates this fall.


Information from: Omaha World-Herald, https://www.omaha.com

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