There is a newer version
of
this Section
2021 Indiana Code
Title 6. Taxation
Article 1.1. Property Taxes
Chapter 34. Determination of School Assessment Ratios and Adjustment Factors
6-1.1-34-2. Computation of School Corporation Assessment Ratio
Universal Citation: IN Code § 6-1.1-34-2 (2021)
Sec. 2. A school corporation's assessment ratio for a particular year equals:
(1) the total assessed valuation of the property within the school district; divided by
(2) the total true tax value which the department of local government finance determines would result if the property within the school district were valued in the manner provided by law.
[Pre-1975 Property Tax Recodification Citations: 6-1-66-2 part; 6-1-66-4 part.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.24-1986, SEC.27; P.L.90-2002, SEC.238.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
