Section 42-13055 - Reducing minimum value for property in useA. Beginning in valuation year 2000, the department shall reduce the minimum value prescribed for class one, paragraphs 8, 9, 10 and 13 and class two (P) valued by the assessor by 2.5 per cent good each year.B. This section does not require the department to reduce the minimum value for any property in use below 2.5 per cent good.