Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 19 - LAKE COUNTY INDUSTRIAL FACILITY; REAL PROPERTY ASSESSMENT
Rule 2 - General Provisions
Section 2-3 - Certification of values; appeal and review
Current through September 18, 2024
Authority: IC 6-1.1-8.5-12
Affected: IC 6-1.1-8.5-10; IC 6-1.1-8.5-11
Sec. 3.
(a) The department shall certify a preliminary determination of the true tax value of the industrial facility to the county auditor and to the county assessor and the industrial company.
(b) The county assessor and industrial company have thirty (30) days to review the certified value to determine the validity and may present findings to the department. The department may extend this time to review for good cause. The department may make additions or corrections to the assessment.
(c) The department shall provide notice to the county assessor, the county auditor, and the industrial company of its final assessment.
(d) When the department determines the final assessment of an industrial facility, the county auditor shall enter for taxation the assessed valuation certified by the department.