Schools - Finance, Assessment ratios, Assessment performance measures
This article discusses the process of how Property Tax Divisions from the State Comptroller’s Office are responsible for assuring that local appraisals for assessment purposes represent market value. The basis of the test is to compare appraisals to actual sale prices.
Friedman, Jack P.; Kimeldorf, George; and Diskin, Barry
"Questioning the Property Tax Division of the State Comptroller's Office - do appraisals adequately represent sales?,"
Assessment Journal: Vol. 10:
2, Article 2.
Available at: https://researchexchange.iaao.org/assessment_journal/vol10/iss2/2