Nebraska Administrative Code › Topic - REVENUE, DEPARTMENT OF › Title 350 - Nebraska Department of Revenue, Property Assessment Division › Chapter 14 - Agricultural Land and Horticultural Land Assessment Regulations › Section 350-14-005 - OTHER AGRICULTURAL AND HORTICULTURAL LAND USES

Current through June 17, 2024
005.01 There are other land uses on a
				agricultural or horticultural parcel which are not classified as agricultural
				land and horticultural land uses. All of these areas will need to have market
				studies conducted by the assessor to determine the proper assessment of the
				land. Other land uses shall not be classified as agricultural and horticultural
				land and shall be assessed at 100% of actual or market value.
005.01A Farm home site shall mean one acre or
				less of land that is contiguous to a farm site and upon which is located a
				residence and necessary improvements needed for residential purposes. This land
				shall not be classified or assessed as agricultural or horticultural
				land.
005.01B Farm site shall mean
				land containing improvements that are agricultural or horticultural in nature,
				including an uninhabitable or unimproved farm home site, all of which is
				contiguous to agricultural or horticultural land. This land shall not be
				classified as agricultural or horticultural land and shall not include a home
				site.
005.01C Roads and ditches are
				to be counted and inventoried when the county is maintaining a public road on
				privately owned land. The public road and adjoining ditch acres will carry no
				taxable value to the land owner. Generally public roads and ditches will not
				exceed 4 acres per mile or 16 acres per section.
005.01D Other non-agricultural and
				horticultural uses including but not limited to:
005.01D(1) Intermittent small drainage ways,
				with or without small channels, should be included with the surrounding land.
				They usually carry runoff only after rains.
005.01D(2) Stream channels of principal
				streams should be deducted from the surrounding cropland or
				grassland.
005.01D(3) Large lakes
				created by watershed dams may have different values. Watershed dams are
				comprised of various components that will not necessarily be classified
				differently from the surrounding land. The components include a permanent water
				basin and silt pool, a temporary storage basin, the dam, and the spillway. The
				classification of these areas may vary for each location. A value for each
				individual watershed will need to be established.
005.01D(4) Private lakes and ponds, whether
				natural or artificial, and not developed or used for recreational purposes, may
				be classified with the adjacent land. In many situations an analysis needs to
				be completed to determine the proper classification and valuation of these
				areas. Included with lakes are sandhill lakes, inactive gravel pits, ox bow
				lakes in old stream channels, and intermittent bodies of water caused by
				depressions and claypan soils.
005.01D(5) Reservoirs or lakes that are
				developed for or have recreational potential will be classified as such. An
				analysis will be completed to reflect the current market value. These lakes
				will occur in an agricultural land area and will be separate from the
				agricultural land classification. When classifying these lakes, zoning
				regulations should be checked for compliance.
005.01D(6) Sewage lagoons on private land
				should be valued as amenities to the farm site or the building site.