(a) The provisions of any municipal charter to the contrary notwithstanding, in determining the fair market value of property within their respective tax jurisdictions for purposes of ad valorem property taxation, municipalities shall use the fair market value finally determined for the property for county ad valorem property taxation purposes. Fair market value shall be finally determined for county ad valorem property taxation purposes when all means for administrative and judicial review of the fair market value have been exhausted or are no longer available.
(b) As soon as the fair market value of property within a county is finally determined, such information shall be furnished without charge by the county to the governing authority of each municipality lying wholly or partially within the county.
Section: Previous 48-5-350 48-5-351 48-5-352 48-5-353 48-5-354 48-5-355 48-5-356 48-5-357 48-5-358 48-5-359 48-5-359.1 48-5-360 48-5-361 NextLast modified: October 14, 2016