South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-13-37 — Median level of assessment to be eighty-five percent of market value

Property taxes shall be levied on valuations where the median level of assessment represents eighty-five percent of the market value as determined by the Department of Revenue.

Last amended: Source: SL 1995, ch 57 , § 15; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1 ), § 161, eff. Apr. 12, 2011.

Source: official text