Sec. 3. The department of local government finance shall:
(1) conduct continuing studies in the areas in which the department of local government finance operates;
(2) make periodic field surveys and audits of:
(A) tax rolls;
(B) plat books;
(C) building permits;
(D) real estate transfers; and
(E) other data that may be useful in checking property valuations or taxpayer returns;
(3) assist with the department of local government finance's test checks of property valuations to serve as the basis for special reassessments under this article;
(4) assist with the department of local government finance's review of each coefficient of dispersion study for each township and county;
(5) assist with the department of local government finance's review of each sales assessment ratio study for each township and county; and
(6) report annually to the executive director of the legislative services agency, in an electronic format under IC 5-14-6, the information obtained or determined under this section for use by the executive director and the general assembly, including:
(A) all information obtained by the department of local government finance from units of local government; and
(B) all information included in:
(i) the local government data base; and
(ii) any other data compiled by the department of local government finance.