A factor (number) by which the assessed value of a property is multiplied to arrive at a value for the property that is in line with statewide tax assessments. The ad valorem tax would be based on this adjusted value.

Related information about equalization factor:

1. Equalization Factor - Real Estate Business - About.com
   Real estate property taxation sometimes involves an equalization factor. This is used to bring the assessed tax values of certain properties into line with ...
    
2. What is the Equalization Factor/Multiplier? | Supervisor of ...
   A statistical process called an assessment/sales ratio study is used to find the ratio of property sale prices to their assessed values.
    
3. What is equalization factor? definition and meaning
   Definition of equalization factor: A factor (number) by which the assessed value of a property is multiplied to arrive at a value for the property that is in line with ...
    
4. Final 2011 Cook County Equalization Factor Released: Labor and ...
   May 14, 2012 ... The Illinois Department of Revenue has released the final 2011 Cook County equalization factor. The factor for 2011 is 2.9706. The press ...
    
5. Cook County Final Multiplier Announced - Illinois Department of ...
   May 11, 2012 ... equalization factor of 2.9706 for Cook County. The department is ... The department determines the final equalization factor for each county by ...
    
6. Equalization Factor Calculation Background - DuPage County ...
   Equalization Factor Calculation Background. The Illinois Property Tax Code specifies the relationship between a property's assessed valuation and its fair cash ...
    
7. The Final 2010 Cook County Equalization Factor is 3.3000 | The ...
   August 10, 2011 - 10:49am. Printer-friendly version. The Illinois Department of Revenue announced today that the final equalization factor for the Cook County ...
    
8. Equalization Factors - Will County Supervisor of Assessments
   PIN Starts with: Township: Factor: Property ClassApplied To: 01-. Wheatland. 0.9850. Residential Imp. only. 02-. DuPage. 1.0000. All. 03-. Plainfield. 0.9858 ...