OMAHA, Neb. (AP) - Douglas County will appeal a state order to adjust tax values roughly 100,000 residential properties.
The Nebraska Tax Equalization and Review Commission says tax values are too low for 78,000 homes in central and west Omaha while values are too high for 20,000 homes in northeast Omaha.
The Omaha World-Herald reports (https://bit.ly/1SWUERd ) Douglas County officials disagree and have asked the state to reconsider. If that fails, the county will appeal in the courts.
State law requires residential property to be assessed at a value that falls between 92 percent and 100 percent of its market value.
The state board ordered the county to impose a 7 percent increase in the undervalued neighborhood and cut values by 8 percent in northeast Omaha.
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Information from: Omaha World-Herald, https://www.omaha.com
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