Neb. Admin. Code § 350-10-003.06 — Overvalued or Undervalued Real Property and Properly Reported Omitted Real Property

003.06A After March 19 and on or before July 25, or on or before August 10 in a county with a t least 100,000 inhabitants that has adopted a resolution to extend the deadline for hearing protests, the county assessor must report to the county board of equalization any current year overvalued or undervalued real property , and current year omitted real property that was properly reported to the county assessor. Beginning January 1, 2014 in counties with a population of at least 150,000 inhabitants, the dates the county assessor is to report any current y ear overvalued or undervalued real property and omitted property that was properly reported are after March 25 and on or before July 25, or on or before August 10 in a county with a population of over 100,000 inhabitants that has adopted a resolution to ex tend the deadline for hearing protests. 003.06B Beginning June 1 and on or before July 25, or on or before August 10 in a county that has adopted a resolution to extend the deadline for hearing protests, the county board of equalization must meet to consider and correct the current year assessment for overvalued or undervalued and current year properly reported omitted real property , and give written notice of the assessed value to the record owner , agent, or lessee responsible for paying the property taxes pursuant to Neb. Rev. Stat. § 77-202.11 at his or her last-known address. 003.06B(1) Protests for current year properly reported omitted real property and current year undervalued or overvalued real property must be filed with the county board of equalization within 30 days after the mailing of the notice by the county board of equalization . The procedures for filing a protest are the same as those in REGS -10-003.03A through 10-003.03B, except for the date restrictions. 003.06C All protests relating to current year undervalued and overvalued real property must be heard and decided by the county board of equalization on or before September 15 (or on or before September 30 if the county has adopted a resolution to extend the deadline for hearing protests). 003.06C(1) If September 15 or September 30 falls on a Saturday, Sunday or legal holiday, the county board of equalization must hear and decide protests on the previous business day. 003.06D All protests relating to current year omitted real proper ty, which was properly reported to the county assessor pursuant to Neb. Rev. Stat. § 77-1318.01, should be heard and decided by the county board of equalization within 30 days of the date the protest was filed. 003.06E The county clerk must mail to the protester a written notice of the county board of equalization’s decision regarding the protest within seven days . The notice must state that a report of the Nebraska Department of Revenue Title 350, Chapter 10 Property Assessment Division Real Property Regulations 12 decision is available at either the county clerk’s or c ounty assessor’s office, whichever is appropriate. Nothing in this regulation prohibit s a county from providing a copy of the report of the county board of equalization’s decision to the protester along with the written notice of the decision. 003.06F Final decisions of the county board of equalization concerning undervalued and overvalued current year real property may be appealed to the Tax Equalization and Review Commission pursuant to Neb. Rev. Stat. § 77-5013 on or before October 15 (or on or before October 30 if the county has adopted a resolution to extend the deadline for hearing protests). 003.06G Final decisions of the county board of equalization concerning current year omitted real property, which was properly reported to the county assessor, may be appealed to the Tax Equalization and Review Commission within 30 days after the board’s final decision. 003.06H After July 25 (or after August 10 if the county has adopted a resolution to extend the deadline for hearing protests ), the county board of equalization cannot change the valuation of any real property that is undervalued or overvalued, or omitted real property which was properly reported to the county assessor for the current year . Only real property with a clerical error or omitted real property not properly reported to the county assessor pursuant to Neb. Rev. Stat. § 77-1318.01 may be changed at any time by the county board of equalization.