50 Ind. Admin. Code 27-2-10

Current through December 4, 2024

Section 50 IAC 27-2-10 - "Ratio study" defined

Authority: IC 6-1.1-31-1; IC 6-1.1-31-12; IC 6-1.1-4-4.5

Affected: IC 6-1.1-4-4.5

Sec. 10.

"Ratio study" means the sales-based studies designed to evaluate assessment performance. It is a study of the relationship between appraised or assessed values and market value-in-use as reflected by sales or other information.

50 IAC 27-2-10

Department of Local Government Finance; 50 IAC 27-2-10; filed Apr 8, 2010, 1:45 p.m.: 20100505-IR-050090502FRA

Filed 11/2/2020, 9:34 a.m.: 20201202-IR-050190636FRA