Nevada Administrative Code
Chapter 361 - Property Tax
ALLOCATION OF REDUCTIONS IN TAX REVENUE RESULTING FROM CERTAIN PARTIAL ABATEMENTS OF TAXES
Property Located in Redevelopment Area or Tax Increment Area
Section 361.799 - "Parcel effective assessed value" defined
Universal Citation: NV Admin Code 361.799
Current through December 31, 2024
"Parcel effective assessed value" means the amount calculated by dividing the dollar amount of ad valorem taxes levied on a parcel or other taxable unit of property, after taking into account any applicable partial abatement of taxes pursuant to NRS 361.4722, 361.4723 or 361.4724, by the combined overlapping adjusted tax rate applicable to that property.
Added to NAC by Com. on Local Gov't Finance by R022-08, 4-17-2008, eff. 7-1-2008
NRS 361.4733
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