Section 350-18-004 - REPORTING BY ASSESSORS004.01 On or before August 20, when certifying the total taxable valuation to the political subdivisions, the assessor shall include no more than the redevelopment project valuation as part of the taxable value for levy setting purposes. The redevelopment project excess valuation shall not be included in the certification of the taxable valuation to the political subdivisions. 004.01A The redevelopment project excess valuation shall not be included in the calculation of the valuation attributable to growth for use by certain political subdivisions, for purposes of preparing budgets.004.01B If the current year's total taxable value of the real property in a redevelopment project drops below the originally established redevelopment project valuation, the current year's taxable value is the amount assessable to the political subdivisions and there would be no excess value or tax proceeds available to the redevelopment project. 004.01B(1) The redevelopment project excess valuation shall be reinstated when the assessed valuation on taxable real property in the redevelopment project is greater than the redevelopment project base valuation. 004.01C The assessor shall annually on or before August 20, certify to the community redevelopment authority and to the county treasurer the amount of the redevelopment project valuation (base value) and the redevelopment project excess valuation, if any for each project.004.02 The assessor shall include only the redevelopment project base valuation and parcel counts as part of the taxable property for each property class and subclass as required on the County Abstract of Assessment for Real Property (Form 45). In addition, the assessor shall provide the county's total number of parcels involved in a redevelopment project along with the associated total redevelopment project base valuation and excess valuation for each property class and subclass as required on the County Abstract of Assessment for Real Property (Form 45). The redevelopment project excess valuation shall not be included as part of the total taxable valuation for a property class on the Abstract of Assessment for Real Property.004.03 The assessor, for purposes of preparing the School District Taxable Value Report, pursuant to Neb. Rev. Stat. Section 79-1016, shall include only the redevelopment project base valuation as part of the total taxable value for each school district. The amount certified to the Property Tax Administrator shall be that same amount of taxable value as certified to the school district for levy setting purposes, pursuant to Neb. Rev. Stat. Section 13-509. In addition, the assessor shall provide the supplemental information, outlined on the School District Taxable Value Report, for each school district's total redevelopment project base and excess valuations by property class. The redevelopment project excess valuation will be included in the certification, only when the real property taxes are no longer divided.004.04 The assessor, for purposes of preparing the Certificate of Taxes Levied Report (Form 49), pursuant to Neb. Rev. Stat. Section 77-1613.01, shall include only the redevelopment project base valuation on the appropriate schedule for each of the levying political subdivisions that make up the tax district within which the project is located. In addition, the assessor shall report each project's information as required on separate schedules of this report, indicating each project's redevelopment base and excess valuations by property class, consolidated tax rate and the taxes levied on the redevelopment excess valuation.004.05 The assessor shall transmit to an authority and the county treasurer, upon request of the authority, the redevelopment project valuation.004.06 The assessor, shall at the authority's request conduct an investigation, examination, and inspection of the taxable real property in the redevelopment project and shall reaffirm or revalue the current value for assessment of such property pursuant to the findings of such investigation, examination and inspection.350 Neb. Admin. Code, ch. 18, § 004