442 Neb. Admin. Code, ch. 9, § 005

Current through September 17, 2024

Section 442-9-005 - Acceptable Ranges

005.01 Median

The acceptable ranges for the median are:

005.01A For agricultural and horticultural land as defined in Neb. Rev. Stat. § 77-1359, sixty-nine (69) to seventy-five (75) percent of actual value;

005.01B For lands defined in Neb. Rev. Stat. § 77-1344 receiving special valuation sixty-nine (69) to seventy-five (75) percent of special valuation as defined in Neb. Rev. Stat. § 77-1343, and

005.01C For all other real property, ninety-two (92) to one hundred (100) percent of actual value. (See, Neb. Rev. Stat. § 77-5023(2) ) .

005.02 Coefficient of Dispersion

The acceptable range for the COD is for residential real property 15.0 % or less, for agricultural land 20.0 % or less, for commercial property 20.0 % or less, and for vacant land and other property classes 20.0 % or less.

005.03 Price Related Differential

The acceptable range for the Price Related Differential is .98 to 1.03.

442 Neb. Admin. Code, ch. 9, § 005