Sec. 8. A county assessor may not reduce the aggregate assessment of all the townships of the county below a just, equitable, and uniform assessment. A county assessor may not increase the aggregate assessment beyond the amount actually necessary for a proper and just equalization of assessments. If the county assessor finds that the aggregate assessment of a township is too high or too low or that it is generally so unequal as to render it impracticable to equalize the aggregate assessment, the county assessor may set aside the assessment of the township and order or conduct a new assessment. To order or conduct a new assessment, the county assessor must give notice and hold a hearing in the same manner as required under section 7 of this chapter.
[Pre-1975 Property Tax Recodification Citation: 6-1-28-7.]
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.6-1997, SEC.67.
Structure Indiana Code
Chapter 13. Review of Current Assessments by County Property Tax Assessment Board of Appeals
6-1.1-13-1. Powers of Board; Notice of Review
6-1.1-13-2. County Assessment Lists; Recommendations for Alterations
6-1.1-13-3. Additions of Undervalued or Omitted Property to List
6-1.1-13-4. Correction of Errors in Assessment List
6-1.1-13-5. Reduction or Increase of Assessed Value
6-1.1-13-6. Assessed Value Equalization Under a County Reassessment Plan
6-1.1-13-7. Equalization Hearings
6-1.1-13-8. Aggregate Township Adjustments; Limitations on Adjustments; Setting Aside
6-1.1-13-12. Limitation on Altering Assessed Valuation of Personal Property