New directives are going out from the state to county assessors to keep farmland valuations from spiking.
Nebraska Governor Pete Ricketts says the guidelines will encourage assessors to throw out factors which might cause a spike in property land assessments. . .

Factors which could lead to valuation spikes, according to the governor, include bidding wars and special tax breaks given for land exchanges.
Ricketts characterizes it as a partnership between the state and the counties. . .

Ricketts says the adjustments will help commercial and personal property owners as well.