§ 44-5-76.3 - Newport – Property tax classification – Procedure for adopting.
SECTION 44-5-76.3
§ 44-5-76.3 Newport – Property taxclassification – Procedure for adopting. – The assessor shall provide to the finance director a list containing the fulland fair cash valuation of each property class and with the approval of thecity council, annually determine the percentages of the tax levy to beapportioned each class of property and shall annually tax rates sufficient toproduce the proportion of the total tax levy.