42-13251. Equalization of valuations by department A. The department may adopt a schedule of examining and comparing the valuations of property in the several counties every year. B. The review shall be according to and consistent with the valuation directives, rules and guidelines adopted by the department. C. Each county assessor shall provide complete copies […]
42-13252. Scope of equalization A. If the department finds that inequalities exist between or within counties or between or within classes or classifications, the department may equalize them so that all property that is subject to taxation is listed on the rolls at its full cash value. B. The department shall not issue an equalization […]
42-13253. Notice of equalization order On determining that an equalization order is necessary, the department shall: 1. Notify the assessor of any county that is affected by the order. 2. At the same time, notify by certified mail or by e-mail the governor, the president of the senate and the speaker of the house of […]
42-13254. Date of issue; effective date A. The department shall issue an equalization order no later than January 15 of the valuation year. B. The equalization order is for the valuation year in which the order is issued. C. The assessor shall not issue a notice for property affected by the equalization order pursuant to […]
42-13255. Appeal The county assessor who receives an equalization order may appeal the order to the state board of equalization pursuant to section 42-16159 on or before February 15 of the valuation year.
42-13256. Adjustments of equalized property values by assessor On reviewing the effect of an equalization order on individual property valuations, the county assessor may adjust the level of valuation of a property if the equalization order would result in the property being valued at a level greater than full cash value.
42-13257. Report to property tax oversight commission In conjunction with the valuation examinations under this article, the department shall report to the property tax oversight commission established by section 42-17002 on the accuracy of valuations reported in prior years pursuant to section 42-17052.
