Those with property damage in Sarpy County from flooding or other natural disasters that occurred this year can request an adjustment to their property's assessed value.
Those wanting an adjustment must file a Report of Destroyed Real Property (Form 425) with the Sarpy County Assessor and the Sarpy County Clerk by July 15. The Sarpy County Board of Equalization will then determine any adjustments for the current year.
The guidelines are as follows:
Damage to an improvement exceeding 20% of the improvement’s assessed value in the current tax year as determined by the county assessor
Damage to the land exceeding 20% of a parcel’s assessed land value in the current tax year as determined by the county assessor
Damage exceeding 20% of the property’s assessed value in the current tax year as determined by the county assessor if:
Such property is located in an area that has been declared a disaster area by the Governor and
A housing inspector or health inspector has determined the property is uninhabitable or unlivable.