Indiana Code — Title 6 (Taxation)
IC 6-1.1-34-1
Department of local government finance computation of new
assessment ratios for certain school corporations; publication of new ratios
Sec. 1. In the year after a reassessment cycle of real property under a county's reassessment plan prepared under IC 6-1.1-4-4.2 is completed the department of local government finance shall compute a new assessment ratio for each school corporation located in a county in which a supplemental county levy is imposed under IC 20-45-7 or IC 20-45-8.
In all other years, the department shall compute a new assessment ratio for such a school corporation if the department finds that there has been sufficient reassessment or adjustment of one (1) or more classes of property in the school district. When the department of local government finance computes a new assessment ratio for a school corporation, the department shall publish the new ratio.
[Pre-1975 Property Tax Recodification Citations: 6-1-26-1(g); 6-1-66-2 part; 6-1-66-3 part; 6-1-66-4 part.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.237; P.L.246-2005,
SEC.68; P.L.182-2009(ss), SEC.170; P.L.112-2012, SEC.46; P.L.86-2018, SEC.63.
Amendment history
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.237; P.L.246-2005, SEC.68; P.L.182-2009(ss), SEC.170; P.L.112-2012, SEC.46; P.L.86-2018, SEC.63.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-31.7-3 · Rules
- 6-1.1-31.7-3.5 · Limitation on appraiser or technical advisor serving…
- 6-1.1-31.7-4 · Revocation of certification
- 6-1.1-33.5-1 · Repealed
- 6-1.1-33.5-2 · Electronic data base; software; data analysis; studies;…
- 6-1.1-33.5-3 · Duties
- 6-1.1-33.5-4 · Powers
- 6-1.1-33.5-5 · Confidentiality of information
- 6-1.1-33.5-6 · Review; special reassessments
- 6-1.1-33.5-7 · Expenditure reports by political subdivision; per capita
- 6-1.1-33.5-8 · Administration of data base by contractor
- 6-1.1-33.5-9 · Repealed
- 6-1.1-34-1 · Department of local government finance computation of new
- 6-1.1-34-2 · Computation of school corporation assessment ratio
- 6-1.1-34-3 · Repealed
- 6-1.1-34-4 · Random samplings of assessed values and true tax values
- 6-1.1-34-5 · Weighing classes of property within school district
- 6-1.1-34-6 · Notice of new assessment ratio
- 6-1.1-34-7 · Department of local government finance computation of new
- 6-1.1-34-8 · State funds; distribution formula
- 6-1.1-34-9 · Department of local government finance; powers and duties
- 6-1.1-34-10 · Withholding access to official records
- 6-1.1-34-11 · Confidential information
- 6-1.1-34-12 · Repealed
- 6-1.1-35-1 · Duties of department of local government finance