Some taxing bodies recognize that local assessments can lead to unfairly high or low values for properties in certain areas. therefore the jurisdiction may establish to level out the unevenness of valuations.

Some taxing bodies recognize that local assessments can lead to unfairly high or low values for properties in certain areas. Therefore, the jurisdiction may establish equalization factors to level out the unevenness of valuations. If assessed values of properties in one county are steadily ten percent below the average for other counties, an equalization board may multiply each assessed value in that county by a factor of 110% to increase them to the normal level for the state. An equalization factor is a aspect by instance the evaluated worth of a property is increased to reach at a worth for the property that is in track with statewide tax assessments. The ad valorem tax would be established on this accustomed significance. 

Entrepreneur is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.