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RS-11. ASSESSMENT EQUALIZATION (C) <br />^, Sales Ratio Equalization <br />The Legislature should require that all cities have at least a 90% sales <br />ratio. The soles ratio somple should be conducted or audited by the stetc <br />Department of Revenue, the Commissioner of which would be required to make <br />aggregate increases in those cities below 90%. All costa incurred by the <br />Commissioner shall be paid by the assessing jurisdiction. The sales ratio <br />sample should be for a 12-month period, beginning no more than 1E months <br />before the assessment date. <br />RS-12. LOCAL OPTION TAXES (C) <br />Local option taxes such as city or region imposed sales or income taxes <br />should be considered only to replace any loes in state shared revenues. They <br />should not replace the traditional revenues of cities. Sales and income taxes <br />are much more volatile in that they more directly reflect national economic <br />trends. Few cities have the capacity to accurately predict changes in their <br />economy and thus financial planning for these revenues would be difficult. <br />-41- <br />