Revenue

Median value will no longer appear on property valuation notices

Notifications of property valuation will be changed by a bill passed by the Legislature April 4.

Currently, when a property is assessed at a value different from the previous year, the county assessor must notify the property owner. The notice includes the old and new assessed values, dates to file a protest and the median value of all property in the county.

York Sen. Greg Adams said he introduced LB822 on behalf of county assessors who reported confusion among property owners about the median value. Under the bill, the median value figure will be removed from the notifications completely.

Senators passed LB822 on a 49-0 vote.

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