Sec. 3. The department of local government finance shall:

(1) conduct continuing studies in the areas in which the department of local government finance operates;

Terms Used In Indiana Code 6-1.1-33.5-3

(2) make periodic field surveys and audits of:

(A) tax rolls;

(B) plat books;

(C) building permits;

(D) real estate transfers; and

(E) other data that may be useful in checking property valuations or taxpayer returns;

(3) assist with the department of local government finance’s test checks of property valuations to serve as the basis for special reassessments under this article;

(4) assist with the department of local government finance’s review of each coefficient of dispersion study for each township and county;

(5) assist with the department of local government finance’s review of each sales assessment ratio study for each township and county; and

(6) report annually to the executive director of the legislative services agency, in an electronic format under IC 5-14-6, the information obtained or determined under this section for use by the executive director and the general assembly, including:

(A) all information obtained by the department of local government finance from units of local government; and

(B) all information included in:

(i) the local government data base; and

(ii) any other data compiled by the department of local government finance.

As added by P.L.198-2001, SEC.82. Amended by P.L.192-2002(ss), SEC.45; P.L.256-2003, SEC.28; P.L.28-2004, SEC.64; P.L.182-2009(ss), SEC.169; P.L.257-2013, SEC.30; P.L.203-2016, SEC.14; P.L.236-2023, SEC.53.