What should be done to the total SR-3A value to calculate the district weighted ratio?

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To calculate the district weighted ratio, the total SR-3A value needs to be used in a specific way that captures the relationship between the total value of property classes and the SR-3A value itself. Dividing the total true value (TV) of property classes by the total SR-3A value effectively provides a ratio that reflects the proportionate assessment within the district.

This calculation is essential because it helps assessors understand how well the property values are being represented relative to the actual market values, enabling them to make informed decisions regarding property assessments and tax levies. The weighted ratio is a pivotal metric used to ensure equitable taxation across different property classes within the district.

In this context, the other answer choices either misinterpret the relationship needed to derive the weighted ratio or involve operations that do not address the intent of establishing a clear comparison between property value assessments and the SR-3A value. Therefore, the correct approach is to perform the division to maintain this balance and assess property values accurately.

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