Authority: IC 6-1.1-4-42

Affected: IC 6-1.1-4-42

Sec. 6. (a) The overall capitalization rate expresses the relationship between net operating income and the market value of the property and shall be developed using the following:

1. (1) Market extraction.
2. (2) Effective tax rate.
3. (3) Mortgage and equity.
4. (4) Discounted cash flow.

(b) The department may disseminate the overall capitalization rate, based on market verifiable information, for each county annually.

(Department of Local Government Finance; 50 IAC 29-3-6; filed Aug 30, 2012, 2:00 p.m.: 20120926-IR-050120274FRA; readopted filed Oct 21, 2025, 9:19 a.m.: 20251112-IR-050240632RFA)