Section 327 - Minimum assessing standardsAll municipalities whether they choose to remain as single municipal assessing units or choose to be designated as a primary assessing area, either as a primary single unit or a member of a primary district, shall achieve the following minimum assessing standards: [1975, c. 545, §13(NEW).]
1.Minimum assessment ratios. A 50% minimum assessment ratio by 1977; a 60% minimum assessment ratio by 1978; and a 70% minimum assessment ratio by 1979 and thereafter. Notwithstanding this subsection, a municipality should not have an assessment ratio at an amount greater than 110% of its just value; [1993, c. 249, §1(AMD); 1993, c. 249, §2(AFF).]
2.Maximum rating of assessment. A maximum rating of assessment quality of 30 by 1977; a maximum rating of assessment quality of 25 by 1978; a maximum rating of assessment quality of 20 by 1979 and thereafter; [1975, c. 545, §13(NEW).]
3.Employment of assessor. Any municipal assessing unit may employ a part-time, non-certified assessor or contract with a firm or organization that provides assessing services; when any municipal assessing unit or primary assessing area employs a full-time, professional assessor, this assessor must be certified by the bureau as a professionally trained assessor. The bureau shall publish, for the information of the municipalities, a list of assessing firms or organizations. The bureau shall provide to a municipality, on request by the municipality, a list of certified assessors. [2017, c. 170, Pt. B, §2(AMD).]
Amended by 2017, c. 170,§ B-2, eff. 11/1/2017.1975, c. 545, § 13 (NEW) . 1993, c. 249, § 1 (AMD) . 1993, c. 249, § 2 (AFF) . 1997, c. 526, § 14 (AMD) . 2001, c. 583, § 10 (AMD) .