ARM 42.20.510

ARM 42.20.510. BASIC DETERMINATION OF PHASE-IN VALUE FOR CLASS FOUR INDUSTRIAL PROPERTY

SupersededLast amended: 1997Length: 36 wordsOfficial source

Cite as Mont. Admin. R. 42.20.510

(1) The phase-in value is the difference between the reappraisal (REAP) value and the VBR, times the phase-in percentage, added to the VBR. Formula: Phase-in value = [(REAP value - VBR) x phase-in %] + VBR
ARM 42.20.510: ARM 42.20.510. BASIC DETERMINATION OF PHASE-IN VALUE FOR CLASS FOUR INDUSTRIAL PROPERTY | Justis AI