Opinion ID: 2604688
Heading Depth: 1
Heading Rank: 3

Heading: the statutory ad valorem tax visual inspection/revaluation program

Text: The statutory ad valorem tax visual inspection/revaluation program is a comprehensive statewide regime for affecting all taxable property within each county of the State. [9] The process of revaluation must be carried out on a continuous basis and occur at least every four years. [10] Each county assessor must make adequate provision for the project and submit to the county excise board  for review and approval  a special budget to be treated as separate from that which is regularly prepared. [11] The excise board then apportions the cost among the recipient entities of the affected ad valorem tax revenue. [12] The recipients are entitled to receive a copy of the visual inspection budget and may appear before the county excise board to make comment concerning the costs to be taxed. [13] It is by this regime that a statutory duty is imposed on each recipient entity to pay its share of the visual inspection program. [14] Because schools are recipients of ad valorem tax revenue, the school districts stand subject to this explicitly imposed statutory duty.