Indiana Code — Title 6 (Taxation)
IC 6-1.1-14-12
Assessment studies in certain townships; review by department
of local government finance
Sec. 12. (a) As part of the review under IC 6-1.1-33.5-3(4) and IC 6-1.1-33.5-3(5) of the coefficient of dispersion study and property sales assessment ratio study submitted by a county under 50 IAC 27-4-4, the department of local government finance shall conduct the review and analysis described in this section. In 2017 and in each year thereafter, a county shall submit the coefficient of dispersion study and property sales assessment ratio study to the department not later than March 1 of the year.
(b) The department shall:
# (1)
conduct its review and analysis for studies submitted in 2013 through 2017; and
# (2)
review and analyze only data and studies for property that is classified as improved residential property in townships having a population of more than one hundred thirty thousand (130,000).
(c) The department shall separate each township described in subsection (b) into four (4) comparable groups of parcels as determined by the department. The department shall:
(1) separately review and analyze for each group of parcels data used for the coefficient of dispersion study and the property sales assessment ratio study submitted by the county; and
(2) prepare a coefficient of dispersion study and a property sales assessment ratio study for each group of parcels.
As added by P.L.257-2013, SEC.5. Amended by P.L.184-2016, SEC.2.
Amendment history
As added by P.L.257-2013, SEC.5. Amended by P.L.184-2016, SEC.2.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-13-13 · Limitation on increasing the assessed value of real…
- 6-1.1-14-1 · Repealed
- 6-1.1-14-2 · Repealed
- 6-1.1-14-3 · Repealed
- 6-1.1-14-4 · Review county assessment; hearing
- 6-1.1-14-5 · Equalizing assessed value; order
- 6-1.1-14-6 · Equalization orders; copies
- 6-1.1-14-7 · Petitions for review of equalization order
- 6-1.1-14-8 · Review equalization order by department of local government
- 6-1.1-14-9 · Notice of hearing to taxpayers
- 6-1.1-14-10 · Review or reassessment by department of local government
- 6-1.1-14-11 · Notice of hearing to taxpayers; notice of final…
- 6-1.1-14-12 · Assessment studies in certain townships; review by…
- 6-1.1-15-0.3 · Transfer of certain petitions for review to Indiana…
- 6-1.1-15-0.5 · "County board"
- 6-1.1-15-0.6 · Property tax assessment repeals for assessment dates in…
- 6-1.1-15-0.7 · Holder of a tax sale certificate; no interest in…
- 6-1.1-15-0.8 · "Taxpayer"
- 6-1.1-15-1 · Repealed
- 6-1.1-15-1.1 · Taxpayer's appeal of an assessment; exceptions;…
- 6-1.1-15-1.2 · Preliminary informal meeting; hearing by county board;
- 6-1.1-15-1.5 · Authorization to enter into agreements to waive review…
- 6-1.1-15-2 · Repealed
- 6-1.1-15-2.1 · Repealed
- 6-1.1-15-2.5 · Agreed waiver of a determination by the county board;…