Section 1251. Establishment of special equalization ratios

Latest version.

The state board
  shall, for a city with a population of one hundred twenty-five  thousand
  or  more  inhabitants,  establish  annually  the  ratio  of the assessed
  valuation to the full valuation of  taxable  real  estate  on  the  last
  completed  assessment  roll  and  each  of the four preceding assessment
  rolls of such city in accordance with the provisions of this article.

                    
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