50 IAC 26-6-11
50 IAC 26-6-11 Statistical calculations for equalization and annual adjustments
Cite as Ind. Admin. Code tit. 50, r. 26-6-11
Sec. 11. Assessment software must be able to calculate the following:
(1) An assessment ratio according to the Real Property Assessment Manual requirements established under 50 IAC
2.4.
(2) An assessment-assessment ratio in accordance with the IAAO Standard on Ratio Studies and 50 IAC
27.
(3) For a group or groups of parcels defined by the user, the following:
(A) A median assessment ratio.
(B) The coefficient of dispersion.
(C) The price related differential.