Before October 1, 1996, the department and the state board of tax commissioners shall meet to select ten (10) pilot school corporations. The pilot school corporations shall be selected with the objective that the pilot school corporations collectively represent a broad range of the different types and sizes of school corporations that exist in Indiana. In order to achieve this objective, the department and the state board of tax commissioners shall select the pilot school corporations based on the following criteria:

1. (1) The size of the student population within the corporation.
2. (2) The size of the geographic territory served by the corporation.
3. (3) The average growth of the property tax assessed valuation within the corporation's district over the preceding three (3) years.
4. (4) The growth or decline of the ADM (as defined in IC 21-3-1.6-1.1 , before its repeal) within the corporation over the preceding three (3) years, excluding any year in which there is a general reassessment.
5. (5) The extent of urban development in the corporation.
6. (6) Any other factors the department and the state board of tax commissioners determine are necessary to distinguish a group or category of school corporations that deserve representation by a pilot school corporation.

As added by P.L.220-2011, SEC.337.