Under IC 4-22-2-24, notice is hereby given that on July 24, 2017, at 10:00 a.m. EDT, at the Indiana Government Center South, 240 West Washington Street, Conference Room C, Indianapolis, Indiana, the Department of Local Government Finance will hold a public hearing on the proposed rule to establish procedures for conducting a market segmentation analysis for purposes of real property improvement assessments.

Under IC 6-1.1-31-6(a), the rules of the Department of Local Government Finance shall provide for the classification of improvements on the basis of market segmentation.

The Department estimates that the proposed rule will not impose requirements or costs under IC 4-22-2-24(d)(3). Because no financial impact is expected as a result of this rule, no supporting data, studies, or analyses were relied upon by the Department in its determination that the rule will have no or minimal fiscal impact on state or local government since no new responsibilities have been added by the rule.

Copies of the proposed rule and a justification of requirements or costs on regulated entities are available on the Department of Local Government Finance website at:

The proposed rule and a justification of requirements or costs on regulated entities are available to be inspected and copied at the Indiana Department of Local Government Finance, Indiana Government Center North, 100 North Senate Avenue, Room N1058, Indianapolis, Indiana.