Municipal University of Omaha v. County Board of Equalization

Appellee herein, hereinafter referred to as University, secured a permanent injunction enjoining appellants, hereinafter referred to as Board, from reducing the 1967 mill levy of University from 2.0 mills to 1.71 mills, and requiring Board to correct and place upon the official records a levy of 2.0 mills. Appellants perfected an appeal to this court.

The original valuation determined by the county assessor for University was $679,128,415. Subsequently, the State Board of Equalization and Assessment increased that valuation to $798,654,930. Prior to this increase, University certified a tax…