The director of equalization shall make the necessary adjustments to the valuations before the notice of assessment pursuant to § 10-6-154, so that the median level of assessment represents at least eighty-five percent of market value as determined by the Department of Revenue.
S.D. Codified Laws § 10-3-41
Median level of assessment to represent eighty-five percent of market value
Applied in 1 court decision — leading case Pirmantgen v. Roberts County, South Dakota (2021)
Most recently applied in Pirmantgen v. Roberts County, South Dakota (January 2021)
Source: SL 1995, ch 57, § 34; SL 1996, ch 73, § 4A; SL 2003, ch 272 (Ex
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.