On or before November 22, the county assessor transcribes the real property tax list and delivers it to the county treasurer for collection of property taxes.

All real and personal property taxes, including taxes of centrally assessed railroad and public service companies, are due on December 31. Property taxes are paid to the county treasurer.

The first half of the tax becomes delinquent on the following May 1, and the second half becomes delinquent on September 1; except in Douglas, Lancaster, and Sarpy counties, where the first half is delinquent on April 1, and second half becomes delinquent on August 1.

Each year, on or before October 15, the county board of equalization levies the necessary taxes, within the limits of the law, for operation of all functions of county government, school districts, cities, community colleges, natural resource districts, and other local authorities. The tax rates for these various local government taxing subdivisions are determined by dividing the subdivision's annual budget tax request by the current total taxable value within their boundaries. The tax rates are expressed as a percent of $100 dollars of taxable value.

Property taxes are determined by multiplying the property’s taxable value by the total consolidated tax rate for the tax district in which the property is located. The tax district is comprised of various governing bodies empowered to levy property taxes for services, such as county government, school district, city, etc. The county assessor is not responsible for establishing tax rates or collection of taxes.