Valuation of property; rounding numbers.

1. Law
2. Nebraska Revised Statutes
3. Revenue and Taxation
4. Valuation of property; rounding numbers.

77-1311.01. Valuation of property; rounding numbers.

The county assessor may, in extending a value on any item of real property, reject all values that fall below two dollars and fifty cents and extend all values of two dollars and fifty cents or more to the next higher five dollars or multiples thereof, making all valuations end in zero or five.

Source

• Laws 1987, LB 508, § 14;
• R.S.Supp.,1988, § 77-430;
• Laws 1990, LB 821, § 50;
• Laws 1992, LB 1063, § 119;
• Laws 1992, Second Spec. Sess., LB 1, § 92.

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