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Custer County assessor presents LB 263-mandated three-year assessment plan, reports 2026 medians
Summary
Assessor Elise Taylor presented the county's 2026 Plan of Assessment required by LB 263, outlining six-year cyclical reviews, data-collection practices and valuation approaches; she reported 2026 medians of residential 95%, commercial 98% and agricultural land 70%.
Elise Taylor, Custer County assessor, presented the county's Plan of Assessment for 2026 and the assessment years 2027–2029 as required by LB 263, Section 9. Taylor described the county's six-year cyclical property review, data-collection procedures (including exterior inspections and on-site surveys), and the three approaches to valuation used: market (sales comparison), cost (replacement cost new per Marshal & Swift) and income (commercial appraisals).
Taylor provided the statistical levels of value the county is working to achieve for 2026: residential properties at a 95% median, commercial at 98% and agricultural land at 70%, with school-bond valuation for ag land at 46%. She also set out the review schedule for villages and townships through 2029 and explained that, after the county board approves the budget, a copy of the plan will be mailed to the Nebraska Department of Revenue's Property Assessment Division. As the plan document states, "Pursuant to LB 263, Section 9, the assessor shall submit a plan of assessment, which describes the assessment actions planned for the next assessment year and two years thereafter," submitted and presented by Taylor.
