Section 442-9-001 - Authority001.01 The Commission has the power to review and equalize assessments of property for taxation within the state, and shall have such other powers and perform such other duties as the Legislature may provide. Neb. Const. Article IV, §28.001.02 The Commission shall annually equalize the assessed value, or special value, value of all real property as submitted by the county assessors on the abstracts of assessments and equalize the values of real property which is valued by the state. Neb. Rev. Stat. § 77-5022001.03 The Commission has the power to adjourn from time to time until the equalization process is complete. Neb. Rev. Stat. § 77-5022001.04 The Commission has the power to increase or decrease the value of a class or subclass of real property in any county or taxing authority or of real property valued by the state so that all classes or subclasses of real property in all counties fall within an acceptable range. Neb. Rev. Stat. § 77-5023001.05 Any increase or decrease shall cause the level of value determined by the Commission to be at the midpoint of the applicable acceptable range. Any decrease or increase to a subclass of property shall also cause the level of value determined by the Commission for the class from which the subclass is drawn to be within the applicable acceptable range. Neb. Rev. Stat. 77-5023001.05A Whether or not the level of value determined by the Commission falls within an applicable acceptable range may be determined to a reasonable degree of certainty relying upon generally accepted mass appraisal techniques.442 Neb. Admin. Code, ch. 9, § 001