23475- PROCEEDINGS OF THE State Board of Equalization, OF THE REAL PROPERTY OF OHIO, December 2d, 1890, to August 8th, 1891, WITH AN APPENDIX CONTAINING EXHIBITS OF VALUATIONS OF EQUALIZED. COLUMBUS: THE WESTBOTE CO., STATE PRINTERS. 1891. STANFORD N STATE A STACIKS JUL 2018 LIBRARY LIBRARY STATUTE DEFINING THE DUTIES OF THE BOARD OF EQUALIZATION OF REAL PROPERTY OF THE STATE OF OHIO. The following sections of the Revised Statutes comprise the legislation defining the duties of the Decennial State Board: SECTION 2818. The State Board of Equalization shall consist of as many members as compose the State Senate chosen at the last previous election of members of the General Assembly, and representing the same districts, all of whom shall have the qualifications of electors; and the qualified electors of each senatorial district shall, at the November election, in the year one thousand eight hundred and ninety, and each tenth year thereafter, elect persons to serve as members of such Board of Equalization, in accordance with the provisions of this chapter; and the returns of the poll books and certificate of election shall be governed by the law regulating the election of Senators; and in case of vacancy in such office, either by death, resignation, or otherwise, the Governor of the State shall have the power to appoint a person, who shall be a resident elector of the district so vacated, to fill such vacancy, as soon as he shall be informed thereof; the Auditor of State shall, by virtue of his office, be a member of this board. The said board shall meet at Columbus, on the first Tuesday of December, one thousand eight hundred and ninety, and every tenth year thereafter, and the members thereof shall each take an oath that he will, to the best of his knowledge and ability, so far as the duty devolves on him, equalize the valuation of real property among the several counties and towns in the State, according to the rules prescribed by this title for valuing and equalizing the value of real property; and having received from the auditor of State the abstracts of real property transmitted to him by the several county auditors, said board shall proceed to equalize the same among the several towns and counties in the State, in the manner hereinafter prescribed: 1st. They shall add to the aggregate value of the real property of every county which they shall believe to be valued below its real value in money, such per centum, in each case, as will raise the same to its true value in money. 2d. They shall deduct from the aggregate valuation of the real property of every county which they shall believe to be valued above its true value in money, such per centum, in each case, as will reduce the same to its true value in money. 3d. If they shall believe that right and justice require the valuation of any town or towns in any county, or of the real property of such county not in towns, to be raised or to be reduced, without raising or reducing the other real property of such county, or reducing it in the same ratio, they may, in every such case, add to or take from the valuation of any one or more of such towns, or of property not in towns, such per centum as they shall believe will raise or reduce the same to its true value in money. 4th. If, in their judgment, the aggregate value of all the real property of the State, as returned by the county auditors, is above or below its true value in money, they may increase or reduce it, but such increase or reduction shall not exceed twelve and one-half per centum of said aggregate; provided, that if any increase or reduction shall be made in the valua tion of the grand aggregate, it shall only be made after the equalization of all the counties of the State, and when such increase or reduction is made, it shall be the same per cent. of the equalized valuation in every county of the State. 5 h. Said board 03 |