Sec. 8. For purposes of computing the amount of state funds to be distributed to a school corporation under a formula in which adjusted assessed valuation is a factor, the school corporation's adjusted assessed valuation, except as otherwise specifically provided by law, equals the product of (1) the assessed valuation of the property within the school district, multiplied by (2) the school corporation's current adjustment factor.
[Pre-1975 Property Tax Recodification Citation: 6-1-66-5.]
Formerly: Acts 1975, P.L.47, SEC.1.
Structure Indiana Code
Chapter 34. Determination of School Assessment Ratios and Adjustment Factors
6-1.1-34-2. Computation of School Corporation Assessment Ratio
6-1.1-34-4. Random Samplings of Assessed Values and True Tax Values
6-1.1-34-5. Weighing Classes of Property Within School District
6-1.1-34-6. Notice of New Assessment Ratio
6-1.1-34-8. State Funds; Distribution Formula
6-1.1-34-9. Department of Local Government Finance; Powers and Duties
6-1.1-34-10. Withholding Access to Official Records