UQO Working Paper No. 10 — The assessment gap in Quebec: vertical and horizontal inequity in municipal property assessment.
1\begin{tabular}{lrccccc}2\toprule3Blocks & $n$ blocks & \makecell{Median\\ratio} & \makecell{Median\\COD} & \makecell{Median\\PRB} & \makecell{Share\\PRB $<$ 0} & \makecell{Province-\\wide PRB} \\4\midrule5\multicolumn{7}{l}{\itshape Panel A. Baseline sample (1/99 trim by roll vintage)}\\6\midrule7Roll lag $<$ 24 m & 254 & 0.830 & 25.1 & -0.205 & 0.98 & --- \\8Roll lag 24--48 m & 868 & 0.761 & 25.8 & -0.216 & 0.95 & --- \\9Roll lag $>$ 48 m & 226 & 0.677 & 26.9 & -0.185 & 0.96 & --- \\102021 & 289 & 0.744 & 25.0 & -0.186 & 0.96 & -0.104 \\112022 & 244 & 0.669 & 29.8 & -0.262 & 0.98 & -0.116 \\122023 & 195 & 0.708 & 27.4 & -0.248 & 0.95 & -0.015 \\132024 & 217 & 0.729 & 25.5 & -0.181 & 0.95 & -0.002 \\142025 & 242 & 0.841 & 24.8 & -0.198 & 0.96 & -0.039 \\152026 & 161 & 0.847 & 24.3 & -0.225 & 0.94 & -0.030 \\16\midrule17\multicolumn{7}{l}{\itshape Panel B. IAAO 1.5 $\times$ IQR trimmed sample}\\18\midrule19Roll lag $<$ 24 m & 236 & 0.812 & 11.7 & -0.010 & 0.59 & --- \\20Roll lag 24--48 m & 819 & 0.748 & 12.4 & -0.014 & 0.63 & --- \\21Roll lag $>$ 48 m & 194 & 0.660 & 13.0 & -0.021 & 0.66 & --- \\222021 & 268 & 0.724 & 14.6 & -0.044 & 0.82 & -0.067 \\232022 & 222 & 0.654 & 13.8 & -0.043 & 0.81 & -0.052 \\242023 & 182 & 0.697 & 11.8 & -0.016 & 0.63 & +0.054 \\252024 & 201 & 0.711 & 11.2 & +0.005 & 0.47 & +0.067 \\262025 & 230 & 0.831 & 11.8 & +0.001 & 0.49 & +0.037 \\272026 & 146 & 0.834 & 10.1 & +0.008 & 0.43 & +0.049 \\28\bottomrule29\end{tabular}