How do I interpret the Valuation Reports shown on the Property Details webpage?

For residential properties, we provide printable valuation reports for a parcel’s neighborhood or market area. The reports are located on the Property Detail page of the parcel you are reviewing on Property Search. There are many terms/abbreviations used on the reports you may not be familiar with, so to help navigate your way through the reports, we have created a key for your reference:

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1. Who is the assessor?
2. What are property taxes?
3. Who pays them?
4. Who collects them?
5. What are property taxes used for?
6. How are tax rates determined?
7. Why do taxes increase every year?
8. How do property value increases affect my taxes?
9. What is the NBHD Code?
10. What does my valuation represent?
11. What is a Partial Value?
12. How does the assessor arrive at this valuation?
13. How do I know when my valuation has changed?
14. What causes my valuation to change?
15. How do I contest my valuation?
16. How do I convince the county board of equalization that my valuation should be lowered?
17. What if I disagree with the county board’s determination?
18. What is the property record file?
19. How do I get a copy of the property record file?
20. What is the Nebraska Department of Revenue Property Assessment Division website?
21. How do I interpret the Valuation Reports shown on the Property Details webpage?