50 IAC 26-2-34

50 IAC 26-2-34 "Property tax management system" defined

Last amended: 2024Year: 2027Length: 115 wordsOfficial source

Cite as Ind. Admin. Code tit. 50, r. 26-2-34

Sec. 34. "Property tax management system" means all data and software functions necessary to the assessment, tax, and billing of all property for a taxing district or county and to produce all necessary reports. For each item of property, these functions include the following as applicable: (1) Data entry and ongoing data maintenance. (2) Data storage and retrieval. (3) Database management. (4) Computation of values. (5) Computation of taxes charged. (6) Collection, distribution, and settlement of taxes. (7) Sketch maintenance. (8) Photograph maintenance. (9) Error checking. (10) Internal controls. (11) Data editing. (12) Reporting. (13) Electronic transfer of data. (14) Export all or a portion of the data in an industry standard, vendor independent format.
50 IAC 26-2-34: 50 IAC 26-2-34 "Property tax management system" defined | Justis AI