US Ecology, Inc. v. Boyd County Board of Equalization

This case involves a dispute with regard to the valuation for purposes of taxation of a tract of land in Boyd County which US Ecology, Inc., purchased in July 1990 for $320,000 as a potential site for a low-level radioactive waste disposal facility. From 1990 through 1995, the assessed value of the land was never more than $113,875, but in 1996 the Boyd County Board of Equalization (Board) increased the valuation to $320,000. US Ecology appealed to the Nebraska Tax Equalization and Review Commission (TERC), which affirmed the Board’s 1996 valuation based upon a 2-to-l determination that US…