Annual determination means, for purposes of sections IV.D. and IV.G., the decision issued by the Property Tax Administrator indicating the percentage of taxable value and the percentage of exempt value of a property exempt under 39-3-109 (2), or 39-3-112, C.R.S. on the assessment date for that year.
Examples of Annual determination in a sentence
Annual determination of net requirements is reasonable, but not instantaneous determinations of net requirements.