“Equalization” means the process by which adjustments are made to each municipality’s locally assessed values to calculate the estimated market value of the municipality.

Source. #8258, eff 1-15-05; ss by #8816, eff 2-6-07; ss by #10277, eff 2-22-13 (from Rev 2801.02); ss by #13488, eff 11-15-22