Property Tax Alert: Montana

October 2007

The market value determination of a utility's centrally assessed Montana property was upheld on appeal. The issues were: (1) whether it was proper to value a unit comprised of the utility's entire corporate entity instead of valuing only the utility's Montana property; (2) whether intangible personal property was properly removed from the assessment; (3) whether the indicators of value were properly calculated for purposes of assessment; (4) and whether an appropriate amount of the utility's total value was allocated to Montana. The utility presented no persuasive evidence to contradict the determination and the original assessment was upheld. The utility also asked for attorney's fees and costs, but these were denied.

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