{"data":{"id":"us-in/ic-6-1.1-34-5","jurisdiction":"us-in","citation":"IC 6-1.1-34-5","heading":"Weighing classes of property within school district","body":"Sec. 5. When computing the assessment ratio for a school corporation, the department of local government finance shall weight the ratio to reflect the relative importance of each class of property within the school district. Before calculating a school corporation's assessment ratio, the department of local government finance shall discuss the weight to be given to each class of property with:\n(1) residents of the school district; and\n(2) elected officials or other individuals who are familiar with the economic base of the school district.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 34. Determination of School Assessment Ratios and Adjustment Factors"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-34-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"203727af47fac804018ce10177b41a8564353d9b7de06aad2d82276131dd072f","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-34-4","next":"us-in/ic-6-1.1-34-6"},"notice":"GroundRules: Original legal text. Not legal advice."}