Weighing classes of property within school district

Ind. Code § 6-1.1-34-5
in effect
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Sec. 5. When computing the assessment ratio for a school corporation, the department of local government finance shall weight the ratio to reflect the relative importance of each class of property within the school district. Before calculating a school corporation's assessment ratio, the department of local government finance shall discuss the weight to be given to each class of property with: (1) residents of the school district; and (2) elected officials or other individuals who are familiar with the economic base of the school district. [Pre-1975 Property Tax Recodification Citation: 6-1-66-4 part.] Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.90-2002, SEC.241.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026

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