Centrally Assessed properties are appraised and taxed at the state level instead of the county level and include:

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Centrally Assessed Requirements

To be centrally assessed, the property must be either:

• Physically Connected Property: The company has property that crosses a county or state line.
• Unity of Operation: The company has property that works as a single entity across a county or state line, even if it isn't physically connected.

(15-23-101, MCA and ARM 42.22.102)

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Centrally Assessed Property Appraisal

We value Centrally Assessed property using the Unit method and may include a:

• Cost indicator
• Capitalized income indicator
• Market indicator

We use an industry capitalization rate to estimate values when relying on the capitalized income indicator.

We perform an annual capitalization rate study for each industry to set the capitalization rates.

You can learn more about the study on our Capitalization Rate Studies page. (ARM 42.22.111)

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Reports and Resources

Please file your Situs and Mileage Turnaround documents via our TransAction Portal (TAP).

For instructions on how to edit, add, and delete Situs and Mileage line items via TAP, please view our Reporting Tips (PDF).

Levy district informaton can be found via our current Montana Levy District Map.

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Railroad and Rail Car Resources

• Railcar Tax Overview

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Other Reports and Memos

• Centrally Assessed Property - Current Protested Taxes in Appeals Status
• Prevailing Wages Requirements Memo (PDF, 96.8 KB)
• NCUVS Appraisal Standards (PDF, 77 KB)

Telemcommunication companies may apply for the Fiber Optic Cable Exemption.