Section 37-151-7.1 - County tax assessors to provide State Department of Education certain information essential to determination of school district's contribution toward cost of Adequate Education Program(1) Before February 1 of each year, the tax assessor of each county shall file a report or reports with the State Department of Education which provide information essential to the department in determining the amount that each school district shall be required to provide toward the cost of the Adequate Education Program Fund. A separate report must be filed for each school district or part of a school district situated in the county and must include the following information: (a) The total assessed valuation of nonexempt property for school purposes in the school district;(b) The assessed value of exempt property owned by homeowners aged sixty-five (65) or older or disabled, as defined in Section 27-33-67(2), in the school district;(c) The school district's tax loss from exemptions provided to applicants under the age of sixty-five (65) and not disabled, as defined in Section 27-33-67(1); and(d) The school district's homestead reimbursement revenues.(2) The State Department of Education shall prepare and make available to the tax assessor of each county a form for the reports required under this section. Laws, 2012, ch. 521, § 4, eff. 7/1/2012.