Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
550.0000 LANDS OWNED BY LOCAL GOVERNMENTS THAT ARE OUTSIDE THEIR BOUNDARIES
550.0026 Valuation. If the 1967 fair market value and the 1975 base year value are not available from earlier rolls, it is permissible to reconstruct those values in the process of performing current valuation so long as those values are derived from comparable assessments that were made at that time. C 11/22/1996.