43-1142. Average value of property The average value of property shall be determined by averaging the values at the beginning and ending of the tax period, but the department may require the averaging of monthly values during the tax period if reasonably required to reflect properly the average value of the taxpayer's property.
Arizona Legal Code
§ 43.1142
Source: https://www.azleg.gov/ars/43/01142.htm· Version 2026