Within two weeks after the last date for the filing of the application as specified in section 201-1.2 of the State Board's rules, staff shall notify the applicant of the receipt of the application, including a checklist of missing or incomplete documentation. The applicant will be given up to 30 days to provide the missing documentation to complete the application. Review of application.
Assessments are from the one year old roll.
At least ten sales are required to use 12 months of sales. If less than ten sales, the observation base is enlarged by adding sales from the 12 months prior to the original period and any appraisal data from the last completed market value survey used in the establishment of a final equalization rate. For applications filed on behalf of a consolidated assessing unit or coordinated assessment program, sales from all municipalities in the agreement will be considered in aggregate and one COD will be calculated for the consolidated assessing unit or coordinated assessment program. The result of this computation is the coefficient of dispersion. Where staff determines an applicant has failed to meet one or more of the performance indicators specified in the guidelines, or that an applicant has not met the required criteria for aid, staff shall prepare a report not later than 30 days after the completion of the review that analyzes the data submitted by the applicant and recommend whether the application shall be approved for State assistance.