Said board shall meet in a metropolitan public building on the second Monday in April
of each year, and sit in regular session as necessity may require until the equalization
has been completed, which shall not be later than June 1st. The board shall give notice
in a principal newspaper of daily circulation published in the metropolitan area at
least five (5) days prior to the initial meeting, stating the time, place, and hours
of such meeting.
It shall be the duty of the metropolitan board of equalization carefully to examine,
compare and equalize the assessments of property and merchants' ad valorem assessments
within the territorial limits of the metropolitan government, and in so doing, together
with the performance of all its other functions, be governed by the general laws regulating
county or city boards of equalization, except as otherwise specified in this Charter.
Not later than fifteen (15) days after its adjournment, the board shall cause to be
published in a principal daily newspaper published in the metropolitan area, a list
of all taxpayers whose assessments were increased or decreased by said board, giving
the names of taxpayers, location of the property, and the amount of increase or decrease
as compared with the assessment of the metropolitan tax assessor.
Not later than fifteen (15) days after its adjournment, said board shall certify the
assessments. The tax rolls shall then be turned over to the division of collections
in the metropolitan department of finance at least fifteen (15) days prior to the
date that taxes become due and payable.
