Assessment ratio definition
Assessment ratio means the relationship between assessed value and fair cash value for a county or for use categories within a county expressed as a percentage determined in the annual equalization ratio study;
Assessment ratio means the relationship between assessed
Assessment ratio means the ratio of the assessment to an indicator of market value for a property;
More Definitions of Assessment ratio
Assessment ratio means the decimal fraction rounded to the nearest ten thousandth obtained when the assessed value of all taxable nonmanufacturing property as taken from the clerk’s statement of assessment filed with the department is divided by the value of all taxable nonmanufacturing property in the taxation district as determined by the department of revenue prior to adjustments under s. 70.57, Stats.
Assessment ratio means that percentage of the appraised value of property adopted for use in taxing property.
Assessment ratio means the decimal fraction rounded to the nearest ten thousandth obtained when the assessed value of all taxable nonmanufacturing property as taken from the clerk’s statement of assessment filed with the department is divided by
Assessment ratio means any real property tax assessment ratio, however designated or calculated, which is used or applied under applicable general law in determining the Assessable Base. “Assessment Ratio” includes the assessment percentage as provided under Section 8-103(c) of the Tax-Property Article of the Annotated Code of Maryland.