Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 50. DEPARTMENT OF LOCAL GOVERNMENT FINANCE |
Article 50IAC27. ANNUAL ADJUSTMENTS AND EQUALIZATION STANDARDS |
Rule 50IAC27-2. Definitions |
Section 50IAC27-2-12. "Stratification" defined
Latest version.
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"Stratification" means the process by which all properties in a county are divided into groups of similar properties by criterion such as type, location, age, or class. (Department of Local Government Finance; 50 IAC 27-2-12; filed Apr 8, 2010, 1:45 p.m.: 20100505-IR-050090502FRA)