2021 Indiana Code
Title 20. Education
Article 45. General Fund Levies
Chapter 7. Supplemental County Levy; Lake County
20-45-7-5. "Assessed Valuation"

Universal Citation: IN Code § 20-45-7-5 (2021)

Sec. 5. As used in this chapter, "assessed valuation" of any qualified school corporation means the net assessed value of its real and taxable personal property adjusted by a percentage factor. For each qualified school corporation, this factor shall be the most recent adjustment factor computed by the department of local government finance under IC 6-1.1-34.

[Pre-2006 Recodification Citation: 21-2-12-3(g).]

As added by P.L.2-2006, SEC.168.

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