How many Coefficients of Deviation are there for each municipality?

Each municipality has three Coefficients of Deviation, which are vital for assessing property values and ensuring fairness and equity in tax assessments. These coefficients generally represent the variations in property assessments relative to market values for different property types or categories within a municipality, such as residential, commercial, and industrial. By having three coefficients, assessors can better evaluate how accurately properties are assessed in each classification and identify any potential discrepancies or areas that need adjustment. This multi-faceted approach enables a more comprehensive and fair assessment process, ensuring that all properties contribute equitably to local taxation based on their market value.