Personal and Industrial Property Valuation Guidelines - Trended

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					                                    If You Have Questions

For questions about these Guidelines or other personal and industrial property tax issues, contact:

          Name                       Title              Phone Number         E-Mail Address
        Pete Levine      Personal Property Supervisor   (360) 570-5884      PeteL@dor.wa.gov
      Howard Hubler        Property Tax Supervisor      (425) 356-4850    HowardH@dor.wa.gov

To access the 2010 Personal Property and Industrial Valuation Guidelines:
    Go to the Department of Revenue‟s web site at www.dor.wa.gov.
    Select Find taxes and rates on the left side of the screen.
    Select Property tax below the Find taxes and rates heading.
    In the middle page under How do I… scroll down and select Get property tax statistics,
       laws and rules, and other resources.
    Select Property tax publications in the center of the screen.
    Scroll down and select either Personal Property Valuation Guidelines or Industrial
       Valuation Guidelines in the center of the screen.
    Select 2010.

                                        Property Tax Division
         P O Box 47471  Olympia, Washington 98504-7471  (360) 570-5900  Fax (360) 586-7602
                                  Washington State Personal and Industrial Property Valuation Guidelines –
                                             Trended Investment Method for January 1, 2010


                                                          Table of Contents

If You Have Questions ............................................................................................................................ 1
Personal & Industrial Property Valuation Tables – MS Excel Link .......................................................... 2
Purpose and Use of These Guidelines ................................................................................................... 3
Clarifications and Revisions to the Guidelines for 2010 .......................................................................... 3
Minimum Value Percent Good Factors ................................................................................................... 6
Exceptions to the Minimum Value Percent ............................................................................................. 6
Questions & Answers ............................................................................................................................. 6
Index to Trended Investment Valuation Indicators ............................................................................. 7-13
Supplemental Valuation Table A........................................................................................................... 14


                                                 Valuation Tables – MS Excel Link



 Double click on the MS Excel icon in the box below to access the “2010 Personal and
           Industrial Property Valuation Tables.”


 Included in the link – in the box below – to the Excel file are the following worksheets and the respective tables:




       2010 Combined Tables (All)                                                        “2010 Personal and Industrial
       2010 Trend I Table                                                                 Property Valuation Tables”

       2010 Trend II and III Tables                                                                          
       2010 Building and Land Improvements Table
       2010 Title Plant (Supp B)
       Informational – 2010 Trend with Freeze                                                      2010 Personal &
                                                                                                    Industrial Tables
       Informational – Declining Balance Table




 REV 64 0104 (1/22/10)                                                                                                                            2
                          Washington State Personal and Industrial Property Valuation Guidelines –
                                     Trended Investment Method for January 1, 2010


                                   Purpose and Use of These Guidelines
The Department of Revenue publishes these valuation guidelines to assist counties in estimating 2010 assessed
values for tangible property. The Department recommends that assessors consider these guidelines in the
valuation process in order to promote and improve statewide uniformity and standardization in the assessment
of personal property.

To use these guidelines:
   1. Find the class or type of property in the alphabetical Index.
   2. Find the trend table and column the Index refers you to in the Combined Table.
   3. Locate the „percent good factor‟ at the intersection of the acquisition year row and the indicated column.
   4. Multiply the historical or original cost by the „percent good factor‟ to get an estimated value as of
       January 1, 2010. The historical or original cost listed by the taxpayer should include freight and
       installation, plus trade-in value, and any other cost related to putting the equipment into service,
       excluding sales tax for personal property.

The historical or original costs include both hard and soft costs (such as interim financing during installation or
construction, engineering, freight, and installation) and are to be included as part of the cost to which the factors
are applied. The only exclusion is that the sales or use tax is removed when valuing personal property. If assets
are installed in such a way that they become fixed to the real property or their removal would cause significant
damage to the real property, the assets should be regarded as real property. As real property, the sales tax
should be included as a cost that adds value to the assets, except when there is a sales or use tax exemption
that applies to qualifying manufacturing machinery and equipment as of the assessment date.

                        Clarifications and Revisions to the Guidelines for 2010
 Several “Business Activity or Type of Business” indexes were revised, expanded, or condensed to provide
  clarification and update some terminology. The revisions result from matters brought to our attention from
  stakeholders throughout the previous year, as well as previous inquiries requesting clarification. In some
  instances, the revisions include advice the Department has provided in the past, using the best information
  available for the appropriate economic life for valuing the particular asset.

 Revisions and clarifications to portions of the following business activities and types for 2010 included:
         Business Activity or Type of Business                                          Trend/Column
    Agriculture
       Sub-categories now alphabetized – per stakeholder request
    Building and Land Improvements
       Bldg Class CDS                     .                                          B&LI Trend/4
       Chemical Buildings                                                          B&LI Trend / 6.5
       Long-lived imprv’s (asphalt paving, fencing, etc).                                        10
       Short-lived imprv’s (carpet, fixtures, etc.)                                              16
    Computer Cabling
      Cabling to local peripherals-minor cabling                                            Trend II/C
      Permanently installed-major network cabling                                                  16


REV 64 0104 (1/22/10)                                                                                               3
                         Washington State Personal and Industrial Property Valuation Guidelines –
                                    Trended Investment Method for January 1, 2010


    Convenience Stores
       Cash Registers & Scanners                                                                24
       Dispensers (gas)                                                                         20
       Fixtures & Equipment                                                                     16
       Fuel Tanks                                                                 B&LI Trend / 6.5
       POS (Point of Sale computer systems)                                                     30
       Walk-in Coolers                                                                          12
    Doctors Offices & Health Clinics
       Diagnostic Equip. (electronic)                                                               24
       Equipment                                                                                    14
       Furniture & Fixtures                                                                         14
       Libraries                                                                                    12
       X-Ray Equipment                                                                              12
    Espresso Machines (includes coffee grinders)                                                    19
    Gas Stations
       Cash Registers & Scanners                                                                24
       Dispensers (gas)                                                                         20
       Fixtures & Equipment                                                                     16
       Fuel Tanks                                                                 B&LI Trend / 6.5
       POS (Point of Sale computer systems)                                                     30
       Walk-in Coolers                                                                          12
    Hospitals
       Diagnostic Equip (CT, MRI, ultrasound, etc)                                                  24
       Electronic Equipment                                                                         24
       Equipment                                                                                    16
       Furniture & Fixtures                                                                         16
       Laboratory Equip. (non-electric)                                                             18
       Laboratory Equip. (electronic & computerized)                                                24
       Mattresses                                                                                   30
       X-Ray Equipment                                                                              12
    Hotels
       Furniture & Equipment (includes mattresses)                                                 19
       Office Equipment                                                                    (see Office)
       Restaurant & Bar Equipment                                                                  19
       Telephone Systems                                                                           30
       TVs                                                                                         24
       VCRs                                                                                        24
    Land Improvements & Buildings
       Bldg Class CDS                     .                                         B&LI Trend/4
       Chemical Buildings                                                         B&LI Trend / 6.5
       Long-lived imprv’s (asphalt paving, fencing, etc).                                       10
       Short-lived imprv’s (carpet, fixtures, etc.)                                             16




REV 64 0104 (1/22/10)                                                                                     4
                             Washington State Personal and Industrial Property Valuation Guidelines –
                                        Trended Investment Method for January 1, 2010


    Rental Equipment
       Costumes                                                                                       24
       Public U-Rent (excluding Heavy Equipment)                                                      24
       Rental of Heavy Equipment                                                           (Value by Type)
       Rented Medical Equipment                                                            (Value by Type)
       Telephones (Residential)                                                                       30
       Tuxedos                                                                                        30
    Tanks
       Agricultural Tanks                                                                           16
       Beverage Canisters/Cylinders (i.e., Pre-Mix Soda Pop)                                        10
       Bulk Petroleum & Chemical                                                      B&LI Trend / 6.5
       CO2 Tanks/Cylinders (& other Specialty Gasses)                                               10
       Cryogenic Tanks (part of an M&E setting)                                                     7.5
       Gas Station Fuel Tanks                                                         B&LI Trend / 6.5
       Misc Tanks (i.e., above ground, non-com gas/oil)                                             16
       Oxygen & Acetylene Tanks/Cylinders                                                           10
       Propane Tanks/Cylinders                                                                      12
       Winery Tanks                                                                                 7.5

 Building & Land Improvements (likewise, Land & Building Improvements) revisions for the 2010
  Guidelines more accurately reflect differences between short-lived and long-lived improvements.
  Stakeholder input and study data during the previous year substantiated a change for those improvements
  that have a longer life, such as asphalt, paving, fencing, etc. The revision was further warranted and
  confirmed from Marshall Swift Valuation Service economic life estimates.
    Due to the revision, the Department removed the B&LI Trend/16 table, deemed unnecessary, and now
    recommends the following under the Building & Land Improvements and Land & Building
    Improvements:
         Long-lived imprv’s (asphalt paving, fencing, etc).                                             10
         Short-lived imprv’s (carpet, fixtures, etc.)                                                   16

 The Department continues to recommend valuing video rentals and video game rental inventories at the
  retail trade level. Videos held exclusively for sale are exempt business inventory. The values are intended
  to reflect an average per video value for video rental inventory – individual video values could be less for
  older ones or much more for new releases purchased just prior to assessment date.
    For the 2010 assessment year, as follows:
         Year in Placed in                                            BluRay DVDs -
                                           DVDs                                                         VHS Tapes
             Service                                                   Video Games
               2009                         $17                            $30                               $5
               2008                         $10                            $20                               $5
         2007 (or earlier)                  $5                             $15                               $2
    Please keep in mind that the use of liquidation prices or volume purchases of videos, such as wholesale
    purchases, do not reflect retail trade level. Market value for videos must be greater than liquidation value or
    value established using volume/wholesale costs.


REV 64 0104 (1/22/10)                                                                                               5
                         Washington State Personal and Industrial Property Valuation Guidelines –
                                    Trended Investment Method for January 1, 2010


                                  Minimum Value Percent Good Factors
Please note that these guidelines are intended for estimating the value of property that is “in use.” The
minimum value percent or factor is 15 percent, unless otherwise noted, as shown on the Combined Table and is
intended to reflect the value of assets for as long as they are in use (Fair Market Value In Continued Use). For
assets not in productive use (such as those in storage), freight and installation may be excluded from the cost
basis to determine the value.

Exceptions to the Minimum Value Percent
When the appraiser or auditor is aware of market conditions or has other evidence (including but not limited to
direction from court or board proceedings) to apply percent good factors below 15 percent, rates can be
calculated and applied. Evidence must reflect the value in continued use at the retail trade level.

Computers and Peripherals and Microchip Manufacturing M&E
When deemed appropriate, percent good factors that are less than the rates listed on the Combined Table may
be applied. Most of the columns indicate a minimum value of 15 percent good. However, the Computers (and
peripherals) and Microchip Manufacturing M&E columns with declining balance rates greater than 15 percent
do go below the 15 percent minimum. Personal computers (and peripherals including digital cameras and
recorders) decline to 2 percent good, and two of the Microchip Manufacturing M&E categories decline to 5
percent good. In addition, network computer equipment and mainframes are valued using the Trend II “N”
table, which declines to 5 percent good.

                                              Questions & Answers
In the past, we have been asked to respond to a few specific questions about aspects and issues relating to the
assessment and valuation of certain property. The following Q&As address some of those questions, and we
hope will be helpful.
 Q. I see under the Rental Equipment index, there is Public U-Rent (excluding Heavy Equip) and Rental of
  Heavy Equipment. What is the difference?
    A. As a general rule of thumb, “public-u-rent” equipment can be placed in the back of a pickup; whereas
    “heavy” equipment is commonly transported on a trailer or a larger vehicle. Some notable examples of
    “heavy” equipment include backhoes, dozers, scissor-lifts, skidsteers, etc. Additionally, “heavy” equipment
    is the type of equipment that has a long life, regardless of whether rented or not.
 Q. For 2010, I see under the Rental Equipment index, Rented Medical Equipment – is this new?
  A. The Department‟s position and advice to stakeholders for Rented Medical Equipment has been to value
  that equipment by type, rather than the Public U-Rent table. For the 2010 Guidelines, the Rented Medical
  Equipment index was included for clarification purposes.
 Q. I see there‟s now a Hotels index. What is there difference between that and the Motels index?
  A. It was brought to our attention recently that we did not have a category for Hotels. Generally speaking,
     minimal (if any) differences exist between the type (or use) of equipment in a hotel vs. a motel. Rather,
     the terms are commonly used interchangeably, and the Hotel index was added merely for convenience
     purposes.




REV 64 0104 (1/22/10)                                                                                              6
                                       INDEX TO
                        TRENDED INVESTMENT VALUATION INDICATORS
                                        For January 1, 2010, Valuations

                               BUSINESS ACTIVITY OR TYPE OF BUSINESS

        Use Trend I from Combined Table unless Trend II, Trend III, Supp. A, or Supp. B is indicated
                                          Trend/Column                                                 Trend/Column
                             Index to Trended Investment Valuation Indicators-
                           A-                               Apartment F&F                                         16
Agriculture                                                 Appliances (Household Type i.e., refrig., dishwasher,
  Aqua Farms                                                  range/oven, microwave, washer/dryer, etc.)          19
     Nets                                             30    Apparel Mfg. M&E                                      8.5
     Pens & Support Structures                        18    Aqua Farms
  Combines                                            20      Nets                                                30
  Dairy Milking M&E                                   14      Pens & Support Structures                           18
  Feed Mill M&E (production line)                    7.5    Archery Equipment Mfg.                                12
  Feed Mill M&E (portable)                            12    Artwork                                   (Value at Cost)
  Fertilizer & Chemical Applicators                         Auto Repair                 (also see Service Stations)
  Hay Equipment, Hay Tarps                            18      Diagnostic Equipment (electronic)                   24
  M&E (excluding Tractors & Dairy)                    18      M&E                                                 18
  Mint Stills & Tubs                                  18      Small Tools                                         24
  Irrigation Systems                                          Welding Equipment                                   12
     Circles                                          18    Average Manufacturing M&E                             7.5
     Gated Pipe                                       18
  Seed Cleaning M&E                                  7.5                                -B-
  Seed Cleaning M&E (portable)                        12    Bakeries
     Dry Fertilizer Spreaders                         18       Industrial (i.e., Wonder Bread)                     8.5
     Liquid Fertilizer & Chemical Sprayers            24       Commercial (i.e., Safeway)                          12
     Manure Systems - Liquid                          24    Banks
  Tanks (agricultural)                                16       Alarm Systems                                       24
  Tractors                                            12       ATM/Cash Machines                                   24
  Unlicensed & Licensed Farm Vehicles including 16             Furniture & Fixtures                                14
  Trailers (permanently sited and/or not primarily             Safety Deposit Boxes                                10
  designed for use on public streets and highways;             Vault Doors                            (Value at Cost)
   see PTA 6.1.2009, “Property Taxability of                   Video Equipment                                     24
  Motor Vehicles”)                                          Barber & Beauty Shop                                   16
  Wheel Moves & Handlines                             16    Baseboard Heater Mfg. M&E                              12
Air Conditioning (single room unit)                   16    Beer Kegs                                              10
Aircraft Manufacturing M&E                           7.5    Billboards                                     (see Signs)
Aircraft Manufacturing (small parts mfg.)             14    Bleach Mfg. M&E                                        7.5
  Testing Equipment                                   24    Bleach Packaging M&E                                   14
  Small Tools (perishable)                            24    Blueprinting, Photostatting, Mimeographing,            16
  Patterns                                            24     & Lithograph (non-electronic)
Aircraft Parts Manufacturing                                Boat Molds (fiberglass)                                24
  M&E                                                 14    Book Bindery                                           12
  Test Equipment                                      24    Bottling & Soft Drinks Mfg. M&E
  Small Tools                                         24       Beverage Canisters/Cylinders                        10
Amusement Devices (Music Machines, etc.)              24        (i.e., Pre-Mix Soda Pop)
  Video Games                                    Supp. A       CO2 Tanks/Cylinders                                 10
  Video Tapes, DVDs, & BluRay                    Supp. A       Free standing, not part of a production line        14
  VCRs                                                24       Part of production line                             10
Antique F&F                               (Value at Cost)
REV 64 0104 (1/22/10)                                                                                               7
                                       INDEX TO
                        TRENDED INVESTMENT VALUATION INDICATORS
                                        For January 1, 2010, Valuations

                               BUSINESS ACTIVITY OR TYPE OF BUSINESS

        Use Trend I from Combined Table unless Trend II, Trend III, Supp. A, or Supp. B is indicated
                                          Trend/Column                                                Trend/Column
                                                            Computer Systems (Business)
Bowling Alleys                                        12       Canned Software                               Supp. A
  Electronic Scoring Machines                         24       Custom Software                               Supp. A
  Pinsetters & Others                                 19       Lotto Machines                                      30
Brewing & Distilling                                  10       Mainframe Computers, Disk Array and other Storage
Building & Land Improvements                                   Devices, and Network servers                Trend II/N
  Bldg Class CDS & Land Imprvmts.           B&LI Trend /4      Personal Computers (Including desktop and/or laptop
  Chemical Buildings                     B&LI Trend /6.5       computers and peripheral/connected hardware. E.g.,
  Long-lived imprv’s (asphalt paving, fencing, etc). 10        scanner, printer, and multifunction digital
  Short-lived imprv’s (carpet, fixtures, etc.)        16       printer/scanner/fax machine combo.)         Trend II/C
Butcher Shops                                         12       Production Systems Computers (with direct electronic
                                                               link to longer-lived equipment.)                    24
                          -C-                               Computer Numeric Controlled (CNC) Trend III/MM
C.A.T.V. & S.A.T.V. Equipment                                  Milling Machines (freestanding, not part of a
  Converters, Decoders, Digital Boxes, Modems        30        production line & the CNC hardware component
  Distribution Equipment                             14        is integrated within the milling machine)
  Electronic Testing Equipment and Small Tools       24     Construction M&E
  Headend Equipment                                  16     Asphalt Plants
  Signal Receiving Equipment                         12        Portable                                            18
  Television Production Equipment                    19        Stationary                                          12
Cabinet Shop M&E                                     12     General Construction                                   16
Campground Equipment                                 16     Land Clearing (i.e., backhoe, excavator                16
Candy & Confection Mfg. M&E                          12     crawler, grader, etc.)
Car Wash (5 Min. & Coin-Op)                          18     Marine Construction
Cash Machines                                        24        Ships & Vessels (production line)                  7.5
Cash Registers & Scanners                            24        Ships & Vessels (portable equipment)                12
Casino Equipment                                               Pleasure Craft                                      12
  Game Type (F&F, i.e,. blackjack table,             19        Boat Molds                                          24
   roulette wheel, etc.)                                    Road Construction-Heavy (i.e., asphalt grinder,        24
  Video Type                                         24     large off-highway truck, etc.)
Cell/wireless telephone tower – tower only          7.5     Rock Crushing
Cell/wireless telephone tower – with antennae        12        Portable                                            18
Cell/wireless telephone antennae – antennae only 24            Stationary                                          12
Cement, Clay, & Brick Products Mfg.                 7.5     Sewer & Utilities                                      16
Chemical Products Mfg.                              8.5     Unlicensed & Licensed Vehicles including Trailers 16
Clothing Mfg.                                       8.5        (permanently sited and/or not primarily designed for
Cocktail Bars & Taverns                              19        use on public streets and highways; see PTA 6.0.2004,
  Antique Back Bars                     (Value at Cost)        “Property Taxability of Motor Vehicles”)
Coin-Op Lockers                                      16     Well Drilling                                          16
Coin-Op Machines                                     24     Container Mfg. M&E                                    7.5
Computer Cabling                                            Convenience Stores
  Cabling to local peripherals-minor cabling Trend II/C        Cash Registers & Scanners                           24
  Permanently installed-major network cabling        16        Dispensers (gas)                                    20
                                                               Fixtures & Equipment                                16
                                                               Fuel Tanks                           B&LI Trend / 6.5
REV 64 0104 (1/22/10)                                                                                              8
                                       INDEX TO
                        TRENDED INVESTMENT VALUATION INDICATORS
                                         For January 1, 2010, Valuations

                               BUSINESS ACTIVITY OR TYPE OF BUSINESS

        Use Trend I from Combined Table unless Trend II, Trend III, Supp. A, or Supp. B is indicated
                                         Trend/Column                                                Trend/Column
Convenience Stores (contd.)                                 Electrical Manufacturing M&E                          12
  POS (Point of Sale computer systems)               30     Electronic Equipment                                  24
  Walk-in Coolers                                    12     Electronic Manufacturing M&E                          24
Coolers (walk-in)                                    12     Espresso Carts                                        24
Copy Machines (purchased)                            30     Espresso Machines (includes coffee grinders)          19
Costumes (rental)                                    24     Extrusion M&E                                         12
Cranes
  Bridge                                            8.5                                 -F-
  Container                                         8.5     Farm Equipment                      (see Agriculture)
  Crawler                                            10     Fax Machines                                      30
  Mobile Telescopic                                  16        Fax/Phone/Copier Units                         30
                                                            Feed Mill M&E (production line)                   7.5
                           -D-                              Feed Mill M&E (portable)                          12
Dairy Milking M&E                                     14    Fertilizer Applicators                            24
Dairy Processing                                      10    Fertilizer Mfg.                                   7.5
Data Processing Equipment                             30    Fiberglass Molds (other than boats)               24
Day Care (exclude office, kitchen, & computer assets) 24    Fish Processing M&E (production line & portable) 12
Dental                                                      Fitness Equipment
  Equipment                                           14       Electronic                                     24
  Furniture & Fixtures                                14       Manual                                         16
  Libraries                                           12    Flour, Cereal & Grain Milling                     7.5
  X-Ray Equipment                                     18    Food Processing
Department Store F&F                                  16       Frozen Food Processing M&E                     10
Dies & Molds                                          18       Fruit & Veg Processing M&E                     10
  Electronic Mfg.                                     24       General Food Processing M&E                    10
  Patterns                                            24       Meat Packing M&E                               12
Digital Cameras and recorders                 Trend II/C       Meat Processing (complex)                      8.5
Dispensing Machinery (coin-op)                        24       Potato Processing M&E                          10
Distilling & Brewing                                  10       Seafood Processing M&E                         12
Doctors Offices & Health Clinics                            Forklifts
  Diagnostic Equip. (electronic)                      24       Inside (including pallet jacks)                14
  Equipment                                           14       Outside                                        16
  Furniture & Fixtures                                14    Foundry                                           7.5
  Libraries                                           12    Foundry Furnaces                                  6.5
  X-Ray Equipment                                     12    Fraternal Lodges                                  14
Drug Store F&F                                        16
Dry Cleaning & Laundry M&E                                                          -G-
  Coin-Op                                             24    Gambling Equipment
  Other than Coin-Op                                  14      Video Type                                          24
Dumpsters, Garbage                                    16      Game Type (blackjack table, roulette wheel, etc.)   19
                                                            Game Consoles (Playstation, Wii, Xbox, etc.)          24
                         -E-                                Garage M&E                                            18
Electrical Generating                                       Garbage Dumpsters                                     16
  Gas & Diesel (portable)                            16
  Steam & Gas fired (fixed equipment)               7.5
REV 64 0104 (1/22/10)                                                                                             9
                                       INDEX TO
                        TRENDED INVESTMENT VALUATION INDICATORS
                                       For January 1, 2010, Valuations

                              BUSINESS ACTIVITY OR TYPE OF BUSINESS

        Use Trend I from Combined Table unless Trend II, Trend III, Supp. A, or Supp. B is indicated
                                        Trend/Column                                                   Trend/Column
Gas Stations                                                                          -I-
  Cash Registers & Scanners                       24      Ice Cream Cabinets                                       16
  Dispensers (gas)                                20      Ice & Refrigeration Machinery                            7.5
  Fixtures & Equipment                            16      Iron & Steel Industry                                    7.5
  Fuel Tanks                         B&LI Trend / 6.5
  POS (Point of Sale computer systems)            30                              -J-
  Walk-in Coolers                                 12      Janitorial Service Equipment                              20
General Contractor M&E                            16      Jewelry Store F&F and Equip.                              16
Generators (gas & diesel)                         16
Golf Courses                                                                          -K-
  Carts                                           20      Key Duplication                                           16
  Equipment                                       18
  Tractors                                        12                                 -L-
GPS Receivers (not affixed)                       30      Laboratories
Greenhouse & Nursery M&E                          16        Diagnostic                                              24
Grocery Stores                                              Equipment (non-electric)                                18
  Cash Registers & Scanners                       24        Equipment (electronic & computerized)                   24
  Fixtures & Equipment                            16      Land Improvements & Buildings
  Meat Packing                                    12        Bldg Class CDS & Land Imprvmts.            B&LI Trend /4
  POS (Point of Sale computer systems)            30        Chemical Buildings                      B&LI Trend /6.5
  Walk-in Coolers                                 12         Long-lived imprv’s (asphalt paving, fencing, etc). 10
                                                             Short-lived imprv’s (carpet, fixtures, etc.)           16
                         -H-                              Landscaping M&E                                           16
Hardware Store F&F                                  16    Laundry & Dry Cleaning
Hatchery M&E                                        16      Coin-Op                                                 24
Health Spa Equip.                                           Other Than Coin-Op                                      14
  Manual                                            16    Law Libraries                                             12
  Electronic                                        24    Leather Products Mfg. M&E                                8.5
Hospitals                                                 Libraries (professional)                                  12
  Diagnostic Equip (CT, MRI, ultrasound, etc)       24    Lift Trucks                                    (see Forklift)
  Electronic Equipment                              24    Lotto Machines                                            30
  Equipment                                         16    Lumber & Wood Products
  Furniture & Fixtures                              16      Logging M&E                                             18
  Laboratory Equip. (non-electric)                  18      Log Stackers                                            18
  Laboratory Equip. (electronic & computerized)     24      Pulp, Paper, & Paperboard mfg.                         7.5
  Mattresses                                        30      Plywood & Veneer mfg.                                  8.5
  X-Ray Equipment                                   12      Scarifying M&E                                          18
Hotels                                                      Sawmills
  Furniture & Equipment (includes mattresses)       19      Portable                                                14
  Office Equipment                         (see Office)     Stationary                                             8.5
  Restaurant & Bar Equipment                        19
  Telephone Systems                                 30                        -M-
  TVs                                               24    Machine Shop M&E (production)                            7.5
  VCRs                                              24    Machine Shop M&E (not part of production line,           12
                                                          such as lathes)
REV 64 0104 (1/22/10)                                                                                               10
                                       INDEX TO
                        TRENDED INVESTMENT VALUATION INDICATORS
                                        For January 1, 2010, Valuations

                                BUSINESS ACTIVITY OR TYPE OF BUSINESS

        Use Trend I from Combined Table unless Trend II, Trend III, Supp. A, or Supp. B is indicated
                                         Trend/Column                                                Trend/Column
Machine Shop – Milling Machines (freestanding, not                                   -O-
part of production line)                                   Office Equipment
  Computer Numeric Controlled (CNC) Trend III/MM             Antiques                                (Value at Cost)
    Milling Machines (CNC hardware component                 Copy Machines (purchased)                           30
    integrated within the milling machine)                   Electric & Electronic Machines                      24
  Manual Milling Machines (non-CNC)                   12     Furniture & Fixtures                                14
Mailing Machines                                      20     Mailing Machines                                    20
Meat Packing M&E                                      12     Safes                                               10
Meat Processing (Complex)                            8.5     Sound Systems (background)                          24
Medical Equipment                                     14   Oxygen & Acetylene Tanks                              10
Metal Fabrication & Extrusion Mfg.                   7.5                             -P-
Metal Sheet Fabrication (production line)            7.5   P.A. Systems                                          20
Metal Sheet Fabrication (not part of prod. line)      12   Packing & Sorting M&E (fruit, vegetable, etc.)        12
Microchip Manufacturing M&E                                The following rates may be applied if owner can
  Printed Circuit Board M&E                  Trend II/B    document costs to mechanical vs. electronic equipment:
  Silicon Wafer Fabrication M&E              Trend II/N      Mechanical portion of the line equipment            10
  Product Assembly M&E                       Trend II/N      Electronic portion of the line equipment            24
  Process Support Equipment & Piping          Trend II/S   Paint & Varnish Mfg. M&E                              12
Milling Machines                     (see Machine Shop)    Pallets, Crates, Lugs, Bins, Etc.                     18
Mining & Milling                                     8.5   Petroleum Products
Mobile Yard Equipment                                 16     Bulk Station Equipment                              14
Mobile Trailer Units                                  16     Petroleum (Bulk Storage) Tank        B&LI Trend / 6.5
Mortuary Service Equip.                               14     Refining                                           8.5
Motels                                                       Service & Gas Station Equipment (see Gas Stations)
  Furniture & Equipment (includes mattresses)         19   Photography Equipment                                 16
  Office Equipment                          (see Office)     Computerized                                Trend II/N
  Restaurant & Bar Equipment                          19     Digital Cameras & recorders                 Trend II/C
  Telephone Systems                                   30     Electronic                                          24
  TVs                                                 24     One Hour Photo Equipment                            16
  VCRs                                                24   Plastic Manufacturing M&E                             12
Music Instruments -- Rental                           24     Plastic Extrusion M&E                               12
Music Studio Recording Equip.                         24     Plastic Injection M&E                               12
Music Systems (background)                            24     Plastic Product Mfg.                                12
                                                           Plumbing Shop Equipment                               16
                          -N-                              Plywood & Veneer Mfg.                                8.5
Neon Signs                                           19    Pool Hall Equipment                                   14
Newspaper M&E                                              Power & Generation M&E
  Press                                              10      Gas & Diesel                                        16
  Photographic                                       16      Steam                                              7.5
  Computer (production)                              24    Printing & Publishing Equipment         (see Newspaper)
  Other M&E                                          14    Primary Reduct                                       7.5
Nursing Homes                                              Professional Equipment
  Furniture & Fixtures                               16      Libraries                                           12
  Mattresses                                         30      Scientific, Doctors, Dentists, Etc.                 14
                                                           Propane Tanks/Cylinders                               12
REV 64 0104 (1/22/10)                                                                                            11
                                       INDEX TO
                        TRENDED INVESTMENT VALUATION INDICATORS
                                        For January 1, 2010, Valuations

                               BUSINESS ACTIVITY OR TYPE OF BUSINESS

        Use Trend I from Combined Table unless Trend II, Trend III, Supp. A, or Supp. B is indicated
                                         Trend/Column                                                 Trend/Column
Pulp & Paper Mfg.                                   7.5    Signs
                                                              Bulletin Boards                                    14
                          -R-                                 Billboards                                     Supp. A
Radio & Television Equipment                                  Electronic                                         16
  Broadcasting Equipment                             19       Neon                                               19
  C.A.T.V. (cable system)     (see C.A.T.V. Equipment)        Plastic Illuminated                                19
  Service & Repair Equip.                            19       Poster Panels                                  Supp. A
  Towers                                             12    Ski Areas
Radio-Telephone Equipment 2-Way                      24       Snow Cats & Packers                                24
Railroad Rolling Stock-Private (except logging cars) 12       Tows & Lifts                                       7.5
Railroad Car Conversions                             16    Ski Mfg. Equipment                                    12
Refrigeration & Cold Storage                        8.5    Small Tools (perishable)                              24
Rental Equipment                                           Smelting                                              7.5
  Costumes                                           24    Soft Drink Mfg. M&E
  Public U-Rent (excluding Heavy Equipment)          24       Beverage Canisters/Cylinders                       10
  Rental of Heavy Equipment             (Value by Type)        (i.e., Pre-Mix Soda Pop)
  Rented Medical Equipment              (Value by Type)       CO2 Tanks/Cylinders                                10
  Telephones (Residential)                           30       Free standing, not part of a production line       14
  Tuxedos                                            30       Part of production line                            10
Research & Development M&E                           20    Sound Systems (background)                            24
Restaurants, Soda Fountains, & Drive-Ins             19    Supermarkets
  Walk-in Coolers                                    12       Cash Registers & Scanners                          24
Retail Stores                                                 Fixtures & Equipment                               16
  Fixtures                                           16       Meat Packing                                       12
  Office F&F                         (see Office Equip.)      POS Computer Systems                               30
  POS Computer Systems                               30       Public Address Systems                             20
  Public Address Systems                             20       Walk-in Coolers                                    12
  Sound Systems (Background)                         24    Surveying Equipment
Rock Crushers                        (see Construction)       Electronic                                         24
                                                              Other Survey M&E (non electronic)                  14
                        -S-
Sawmills                                  (see Lumber)                               -T-
Scaffolding (Rental)                                 24    Tanks
Search Lights                                        18      Agricultural Tanks                               16
Security Systems/Cameras                             24      Beverage Canisters/Cylinders                     10
Service Stations                     (see Gas Stations)       (i.e., Pre-Mix Soda Pop)
Sewing Equipment                                     12      Bulk Petroleum & Chemical           B&LI Trend / 6.5
Sewer Construction Equipment                         16      CO2 Tanks/Cylinders (&Specialty Gasses)          10
Sheet Metal Fabrication (production line)           7.5      Cryogenic Tanks (part of a M&E setting)          7.5
Sheet Metal Fabrication (not part of prod. line)     12      Gas Station Fuel Tanks              B&LI Trend / 6.5
Shipbuilding                        (see Construction)       Misc Tanks (i.e., above ground, non-com gas/oil) 16
Shipyards                           (see Construction)       Oxygen & Acetylene Tanks/Cylinders               10
Shoes & Leather Products Mfg. M&E                   8.5      Propane Tanks/Cylinders                          12
                                                             Winery Tanks                                     7.5


REV 64 0104 (1/22/10)                                                                                            12
                                       INDEX TO
                        TRENDED INVESTMENT VALUATION INDICATORS
                                       For January 1, 2010, Valuations

                              BUSINESS ACTIVITY OR TYPE OF BUSINESS

        Use Trend I from Combined Table unless Trend II, Trend III, Supp. A, or Supp. B is indicated
                                        Trend/Column                                              Trend/Column
Tanning Salon Equip.                                16                             -V-
Tavern & Bar Equipment                              19    VCRs                                                24
  Antique Back Bars                     (Value at Cost)   Vending Machines                                    24
Television & Radio Equipment               (see Radio)    Video Arcade Games                              Supp. A
Television (for entertainment)                      24    Video Tapes                                     Supp. A
Telephones                                                Video Cameras/Camcorder (not digital)               24
  Cellular                                          30                              -W-
  Fax/Phone/Copier Units                            30    Warehouse Equip. (includes lifts & pallet jacks)    14
  Pagers                                            24      Pallets, Crates, Lugs, Bins, etc.                 18
  Rentals (commercial & residential)                30    Water Softeners                                     14
  Systems (customer owned)                          30    Water Systems                                       12
Textile Tent & Awning Mfg. M&E                     8.5    Welding Shop Equip.                                 12
Theater                                                   Well Drilling                                       16
  F&F                                              18     Winery Equipment – Production Line (including 7.5
  Projection Equipment                             16       tanks & bottling line)
Tire Recapping                                     14     Winery Equipment – Portable Equip (e.g., pumps) 14
Title Plants                                   Supp. B      Aging Barrels                                 Supp. A
Tuxedo Rentals                                     30       Innerstaves                                   Supp. A
Toilets, Portable                                  14     Wireless/Cell telephone tower – tower only          7.5
                                                          Wireless /Cell telephone tower – with antennae      12
                          -U-                             Wireless/Cell telephone antennae – antennae only 24
Unlicensed & Licensed Vehicles including Trailers 16      Wholesale Store                                     14
  (permanently sited and/or not primarily designed for    Woodworking Shops M&E                               12
  use on public streets and highways; see PTA 6.0.2004,
  “Property Taxability of Motor Vehicles”)                                        -X-
Upholstery Equipment                                 16   X-Ray Equip. (other than Dental)                    12


When valuing a manufacturing plant using the trended investment method and you do not see the plant
specifically identified in the index, it is suggested that you use an Average Mfg. M&E 7.5 table.




REV 64 0104 (1/22/10)                                                                                         13
                                   SUPPLEMENTAL VALUATION TABLE ‘A’

                                                  VIDEO ARCADE GAMES
                               (Apply the following percent good to the un-trended historical cost.)
                    Year 1                            Year 2                              Year 3 (or older)
                        60%                                  37%                                              20%

                        DVD VIDEOS, BLU-RAY VIDEOS, VIDEO GAMES, & VHS VIDEOS
  Value video rental inventories at retail trade level. Videos held exclusively for sale are exempt business inventory. The
  2010 values are intended to reflect an average per video value for video rental inventory – individual video values could
  be less for older ones or much more for new-releases purchased just prior to assessment date.
                                                                       BluRay DVDs -
   Year in Placed in Service                  DVDs                                                       VHS Tapes
                                                                         Video Games
              2009                             $17                            $30                             $5
              2008                             $10                            $20                             $5
        2007 (or earlier)                       $5                            $15                             $2
  Use of liquidation prices or volume purchases of videos, such as wholesale purchases, do not reflect retail trade level.
  Market value for videos must be greater than liquidation value or value established using volume/wholesale costs.

                                   WOODEN (Oak) WINE BARRELS AND INNERSTAVES
                                                   (Reference BTA Docket 54989, 2/1/2001)
                               (Apply the following percent good to the un-trended historical cost.)
                                                Year 1          Year 2         Year 3         Year 4                 Year 5 or more
  Barrels (purchased for storage)                55%             25%             15%            8%                          5%
  Barrels (purchased for flavoring)             Exempt         Exempt          Exempt         Exempt                     Exempt
  Innerstaves (purchased for flavoring)         Exempt         Exempt          Exempt         Exempt                     Exempt
                                            BILLBOARDS & POSTER PANELS
                  Type of Sign                                   Current Replacement Cost Per Lineal Foot
  Unlighted                                                                        $165
  Externally Lighted                                                               $207
  Internally Lighted                                                               $397
  The above replacement costs include one support structure and one face. Multiple-faced signs should be adjusted to
  eliminate a support structure for each additional face as follows:
                 Type of Sign                                        Deduction From Replacement Cost
  Lighted / Unlighted 12 x 25‟                                                    $1,322
  Lighted / Unlighted 14 x 48‟                                                    $3,331
  Lighted / Unlighted 20 x 60‟                                                    $5,155
  For signs smaller than 12 x 25‟, use 40% of above deduction.
  DEPRECIATION – 4% straight line per year, based on effective age, up to 15% of replacement cost.
                                                              TITLE PLANTS
                    (Value each title plant physically located within each county, including title plants for other counties.)
                                      See “2010 Title Plant (Supp B)” valuation table for rates

                                               COMPUTER SOFTWARE
  The 1991 Legislature defined computer software and established valuation methods. Custom software is exempt. For the
  2010 assessment year, canned software shall be assessed as follows:
   Canned software acquired in 2009 shall be valued at 100% of its full acquisition cost.
   Canned software acquired in 2008 shall be listed at 100% and valued at 50% of its full acquisition cost.
   All software, canned or custom, purchased in 2007 and before is exempt.
   Embedded software is taxable and shall be valued as an integral part of the computer system, machinery, or
      equipment in which it is housed, at the established life of the equipment.

REV 64 0104 (1/22/10)                                                                                                                 14

				
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