Sec. 5. As used in this chapter, "assessed valuation" of any qualified school corporation means the net assessed value of its real and taxable personal property adjusted by a percentage factor. For each qualified school corporation, this factor shall be the most recent adjustment factor computed by the department of local government finance under IC 6-1.1-34.
[Pre-2006 Recodification Citation: 21-2-12-3(g).]
As added by P.L.2-2006, SEC.168.