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

• Railroad
• Rail car
• Microwave Transmitters
• Telecommunications
• Telephone cooperatives
• Gas utilities
• Electric utilities
• Electric cooperatives
• Ditch
• Canal
• Flume
• Natural Gas Pipeline
• Oil pipeline
• Airlines

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)

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)

Reports and Resources

Centrally Assessed Property Company Values

• Tax Year 2020 (PDF, 211 KB)
• Tax Year 2019 (PDF, 207 KB)
• Tax Year 2018 (PDF, 274 KB)
• Tax Year 2017 (PDF, 121 KB)
• Tax Year 2016 (PDF, 123 KB)
• Tax Year 2015 (PDF, 213 KB)
• Tax Year 2014 (PDF, 224 KB)
• Tax Year 2013 (PDF, 158 KB)
• Tax Year 2012 (PDF, 151 KB)
• Tax Year 2011 (PDF, 231 KB)

Class 12 Tax Rate Computations

• Tax Year 2019 (PDF, 171 KB)
• Tax Year 2018 (PDF, 91 KB)
• Tax Year 2017 (PDF, 80 KB)
• Tax Year 2016 (PDF, 228 KB)
• Tax Year 2015 (PDF, 226 KB)
• Tax Year 2014 (PDF, 162 KB)
• Tax Year 2013 (PDF, 76 KB)

Car Lines Mill Levy

• Tax Year 2019 (PDF, 107 KB)
• Tax Year 2018 (PDF, 241 KB)
• Tax Year 2017 (PDF, 164 KB)
• Tax Year 2016 (PDF, 164 KB)
• Tax Year 2015 (PDF, 162 KB)
• Tax Year 2014 (PDF, 162 KB)
• Tax Year 2013 (PDF, 162 KB)

Railroad and Rail Car Resources

• Montana Railcars and Taxes Frequently Asked Questions Publication (PDF, 655 KB)
• Railroad Car Company Annual Reporting Form (Form RCC-1, RCC-2, and RCC-3)
• Railroad Car Reporting Codes
• Railroad Car Company Time/Speed Studies

Other Reports and Memos

• Centrally Assessed Prop – Current Protested Taxes in Appeal Status as of December 18, 2019 (PDF, 134 KB)
• Industrial Property – Current Protested Taxes in Appeal Status as of December 18, 2019 (PDF, 140 KB)
• October 24, 2017 Prevailing Wages Requirements Memo (PDF, 179 KB)
• NCUVS Appraisal Standards (PDF, 77 KB)