Statutes, codes, and regulations
Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCEArticle 27 - ANNUAL ADJUSTMENTS AND EQUALIZATION STANDARDS
Rule 50 IAC 27-5 - Annual Adjustment Process
Section 50 IAC 27-5-8 - Preliminary analysis

50 Ind. Admin. Code 27-5-8

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Current through December 4, 2024
Section 50 IAC 27-5-8 - Preliminary analysis

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

Affected: IC 6-1.1-4-4.5

Sec. 8.

(a) Ratio studies and value calibration analyses shall be used by local assessing officials to determine the need for and extent of annual adjustments required.
(b) The standards contained in Part 1, Section 9 of the IAAO Standard on Ratio Studies (April 2013), as incorporated by reference in 50 IAC 27-1-4 shall be used to determine the annual adjustment actions required by the local assessing official.

50 IAC 27-5-8

Department of Local Government Finance; 50 IAC 27-5-8; filed Apr 8, 2010, 1:45 p.m.: 20100505-IR-050090502FRA
Filed 11/2/2020, 9:34 a.m.: 20201202-IR-050190636FRA