County Will See Lower Tax Valuations

A recommendation by the Cheyenne County Assessor's Office to lower the percentages on which property tax values are based has been approved by the Nebraska Tax Equalization and Review Commission.

Last month the Cheyenne County Assessor's Office made its recommendation to the Department of Revenue to lower the percentages on a number of property types. With the Department of Revenue's approval, the matter needed final approval from the Tax Equalization and Review Commission.

Properties taxes are first based on their market value, with tax assessment based from 92-100 percent for residential...