News Staff
Wednesday, June 10, 2026
As valuation notices arrive in mailboxes across Nebraska, many property owners are asking the same question: If my valuation increased, does that mean my property taxes will increase as well? The answer is, no, not necessarily. Your property tax bill is based on two things: the assessed value of your property times the tax rate, or levy, which is set by locally elected taxing authorities. Understanding how those two factors work together can help make sense of both your valuation notice and tax bill.