Declaration of purpose.
This chapter is promulgated by the department of revenue in compliance with RCW
84.48.075 to describe procedures for determination of indicated ratios of real and personal property for each county, so as to accomplish the equalization of property values required by RCW
84.12.350,
84.16.110,
84.48.080 and
84.52.065. The procedures in this chapter describing the department's annual ratio study are designed to ensure uniformity and equity in property taxation throughout the state to the maximum extent possible.
[Statutory Authority: RCW
84.08.010,
84.08.070 and
84.48.075. WSR 96-05-002, § 458-53-010, filed 2/8/96, effective 3/10/96. Statutory Authority: RCW
84.48.075. WSR 79-11-029 (Order PT 79-3), § 458-53-010, filed 10/11/79. Formerly WAC 458-52-010.]