On an annual basis, the Director of the Property Valuation and Review shall deliver to the Speaker of the House of Representatives and to the President Pro Tempore of the Senate copies of an annual report including in that report all rules issued in the preceding year.
The report shall include the rate per dollar and the amount of all taxes assessed in each and all of the towns, gores, school and fire districts and villages for and during the year ending with June 30, preceding, and the value of all exempt property on each grand list as required by subsection 4152(a) of title 32. The report shall also include an analysis of the appraisal practices and methods employed through the State.
The Director shall include recommendations for statutory changes if necessary.