assessment ratio


Also found in: Financial.

assessment ratio

Of a property, the ratio between its market value and its assessed value.
References in periodicals archive ?
We would rather see the assessment ratio lowered for all 0,000 plus incorporated Arizona firms as the better way to induce greater economic activity and bring or expand higher wage jobs to the entire state.
Once this assessment ratio is granted, the primary method for monitoring continued qualification of residents is through notification of change of addresses, which then triggers a follow-up regarding the 4% assessment ratio.
Among the 13 bid participants, the Dar Al-Handasah alliance received an 86% assessment ratio.
where Delinquenti indicates whether the property owner is delinquent (yes = 1, no = 0), Pt is a vector of property characteristics (Homestead Exemption, Statutory Tax Rate, Taxable Value, Years Owned, Assessment Ratio (16), Detroit Owner (17), Size, and Delinquent on Water, and [X.
BNM's latest directive to banks to set aside a minimum collective assessment ratio (including regulatory reserves) of 1.
For example, Alabama provides a 10-percent assessment ratio for historic properties compared with South Carolina's 60-percent assessment rate for commercial properties.
Currently, the parties end up stipulated to the city's stated 45 percent assessment ratio.
High BIF earnings will speed its recapitalization and prompt the FDIC to reduce the assessment ratio on BIF members dramatically.
Identify the basic components of the assessment equation and the tax burden: fair market value, assessment ratio or equalization rate, assessed value, tax rate, and tax burden.
Based on 1990-91 sales, the agricultural land assessment ratio was 67.
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