50 IAC 26-7-8
50 IAC 26-7-8 Calculation of property tax rates
Cite as Ind. Admin. Code tit. 50, r. 26-7-8
Sec. 8. (a) Tax and billing software must:
(1) be able to accept data entry of an individual taxing unit fund rate; and
(2) overwrite data entered fund rates with those provided by the department through the integration requirement under 50 IAC
26-11-2 if the two (2) rates differ and use the resulting set of rates for tax calculation.
(b) Tax and billing software must be able to do the following:
(1) Link a taxing unit's funds to the appropriate taxing district.
(2) Aggregate individual:
(A) taxing unit fund rates for any given taxing unit; and
(B) fund rates for any given taxing district.