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After the levy is calculated, the DLGF sets the rate for each taxing district to be used in the tax bills.
DLGF also calculates the property tax replacement credit (PRTC) and the homestead credit.
For the reassessment of 2002-2003, the DLGF provided local assessors with a manual containing new guidelines.
The statute also specified that the Department of Local Government Finance (DLGF) (7) should establish a system of annual adjustments to account for changes in property value in years between general assessments.
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