Section 1250. Definitions  


Latest version.
  • 1. "Last completed assessment roll" shall mean
      the assessment roll last completed, verified and filed by the  assessors
      on  or before the date upon which the amount to be raised by tax on real
      estate is actually determined.
        2. "Market value surveys" shall mean the statewide  studies  completed
      by  the  state  board pursuant to section twelve hundred of this chapter
      and actually used in establishing state equalization rates  pursuant  to
      article twelve of this chapter.
        3.  "Valuation  date"  shall  mean  the date as of which full value is
      estimated for purposes of market value  surveys  completed  pursuant  to
      section twelve hundred of this chapter.