We use the capitalization rate for each industry to determine the Centrally Assessed property values for companies in that industry.
Each year, we complete a Capitalization Rate Study to develop the capitalization rate of each industry. The Department will accept comments on the current year capitalization rates for 20 days after posting. We will post a response to each written comment we receive within 20 days of the close of the comment period.
2024 Capitalization Rate Study
Sections
In accordance with MCA 15-1-210, the department will accept comments on the 2024 Capitalization rate study until 5 p.m. on April 4, 2024. The department considers all the comments received prior to issuing the current year assessment notices and will post a response to each written comment received within 20 days of the close of the comment period.
Comments can be emailed to DORUtilityForms@mt.gov.
Sections
Comments
In accordance with 15-1-210, MCA, we reviewed all comments provided during the comment period and responded:
Sections
- Narrative & Appendix (PDF, 340 KB)
- Airlines – Freight (PDF, 566.3 KB)
- Airlines – Passenger (PDF, 597.2 KB)
- Pipelines – Gas (PDF, 580.1 KB)
- Pipelines – Incorporated (PDF, 563.2 KB)
- Pipelines – Liquid (PDF, 561.8 KB)
- Railroads (PDF, 528.3 KB)
- Electric Utilities (PDF, 651.8 KB)
- Telecommunications – Large (PDF, 526.5 KB)
- Telecommunications – Medium and Small (PDF, 558.6 KB)
Comments
In accordance with 15-1-210, MCA, we reviewed all comments provided during the comment period and responded:
Sections
- Narrative (PDF, 178 KB)
- Freight Airlines (PDF, 347 KB)
- Passenger Airlines (PDF, 351 KB)
- Pipelines Gas (PDF, 355 KB)
- Pipelines Incorporated (PDF, 349 KB)
- Pipelines Liquid (PDF, 354 KB)
- Railroads (PDF, 347 KB)
- Electric Utilities (PDF, 350 KB)
- Large Telecommunications (PDF, 344 KB)
- Small and Medium Telecommunications (PDF, 351 KB)
- Appendix (PDF, 407 KB)
Comments
In accordance with 15-1-210, MCA, we reviewed all comments provided during the comment period and responded: