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Omaha City Council proposal seeks tax commission disbandment

OMAHA, Neb. (AP) — The Omaha City Council president says he wants the Legislature to disband the Nebraska Tax Equalization and Review Commission or add oversight by elected officials.

The Omaha World-Herald reports that the full council is scheduled to vote Tuesday on Council president Ben Gray's proposal. The proposal is in response to a commission order earlier this year for Douglas County to adjust tax valuation in two areas of the county.

On the council, Gray represents northeast Omaha, where values decreased on about 20,000 properties. Officials have said they are concerned that the decreases will depress home values, discourage renovations by homeowners and cause people to panic sell their homes for less than what they're worth.

The commission has increased values for about 78,000 residential properties in central and west Omaha.

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