Property tax is a tax levied or assessed on the owner of property—often real property (real estate)—that is based on the property’s appraised value. Local governments often impose property taxes to finance their school districts, police departments, fire departments, and municipal projects such as construction and maintenance of streets and roads.

Most local government authorities (often counties) allow citizens to dispute or challenge the appraised value of their property through an administrative process initiated with the tax assessor or appraisal district.

In Nebraska, property tax is primarily a local government revenue source used to fund services such as education, law enforcement, fire protection, and infrastructure maintenance. Property taxes are assessed based on the market value of real property, which includes land and any permanent structures attached to it. County assessors are responsible for valuing property in a uniform and equal manner. Property owners in Nebraska have the right to protest their property assessment if they believe it is not fair or equal. This protest must be filed with the county board of equalization, typically by June 30th of each year. If the property owner is not satisfied with the decision of the county board, they can appeal to the Nebraska Tax Equalization and Review Commission. The state provides guidelines to ensure assessments are fair and consistent, and the Nebraska Department of Revenue oversees the property tax system to ensure statewide compliance.