Capitalization Rate Studies

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.

2023 Capitalization Rate Study

Sections

Comment Period runs until April 13, 2023

In accordance with 15-1-210, MCA, the department will accept comments on the 2023 Capitalization rate study until 5 p.m. on April 13, 2023. 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. A change was made to the timing of the stock price used in certain calculations of a previously published version of this study, due to this change the comment period has been extended from April 6th to April 13th.

Comments can be emailed to DORUtilityForms@mt.gov.