26 CAR § 212-502

26 CAR § 212-502. Reimbursement to counties in equal payments

Length: 72 wordsOfficial source
(a) Reimbursement for reappraisal costs from the state to the county will be made in even payments once each month at a level to be determined by dividing the approved total cost of reappraisal (as indicated by the original appraisal plan) by the total number of months indicated in the reappraisal plan, unless a revenue shortfall should occur. (b) In that instance, at least one (1) payment will be less than normal.