Notice of new assessment ratio
Sec. 6. (a) After the department of local government finance
calculates a new assessment ratio for a school corporation and before
publishing the new ratio, the department shall send a notice of the
new assessment ratio to the county auditor, the county assessor, and
the governing body of the school corporation. The department of
local government finance shall send these notices before March 2 of
each year in which the department calculates a new assessment ratio
for the school corporation.
(b) Within thirty (30) days after notification of a new assessment
ratio, the county auditor, the county assessor, or the governing body
of the school corporation may:
(1) examine and verify the data of the department of local
government finance; and
(2) make suggestions concerning the values established by the
department.
(c) Before April 15 of each year in which the department of local
government finance calculates a new assessment ratio for the school
corporation, the department shall publish the new assessment ratio.
(Formerly: Acts 1975, P.L.47, SEC.1.) As amended by P.L.273-1999,
SEC.130; P.L.90-2002, SEC.242.
Last modified: May 28, 2006