Indiana Administrative Code
Title 50 - DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Article 26 - COMPUTER STANDARDS FOR A UNIFORM AND COMMON PROPERTY TAX MANAGEMENT SYSTEM
Rule 15 - County Office Integration Standards
Section 15-8 - Modification of gross assessed value as a result of final appeal determination, correction of error, omitted or undervalued property, or legislative changes
Current through September 18, 2024
Authority: IC 6-1.1-31-1; IC 6-1.1-31.5-3.5
Affected: IC 6-1.1-15-10; IC 6-1.1-31.5
Sec. 8.
The property tax management system must do the following:
(1) Allow update of the real or personal property gross assessed value by authorized county officials for the current or subsequent assessment years and the current tax year after any of the following:
(2) Initiate immediate recalculation of taxes for the current or prior assessment years following update to the assessed value.
(3) Not allow the tax and billing system to assess delinquent penalties against assessed values recorded as actively under appeal in the assessment system so long as the taxpayer is compliant with IC 6-1.1-15-10.
(4) The tax and billing system shall include a display of the calculation described in IC 6-1.1-15-10 that is accessible to the end user.
