Statutes, codes, and regulations
Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCEArticle 27 - ANNUAL ADJUSTMENTS AND EQUALIZATION STANDARDS
Rule 50 IAC 27-2 - Definitions
Section 50 IAC 27-2-10 - "Ratio study" defined

50 Ind. Admin. Code 27-2-10

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Current through November 6, 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