Assessment of property is on full and fair cash value basis. All telecommunications and telegraph property assessment is a central function performed by the Division of Revenue. Massachusetts' Proposition 2 limits rates to 2.5 percent of full value and annual rate increases to the same amount. New Jersey Real property and enumerated personal property of utilities, other than railroad property, are subject to local taxation. There is no unitary valuation.
Local assessors perform assessment in the respective tax districts.
The primary valuation method is the cost method. County tax boards decide assessments appeals. A State Tax Court may review their respective decisions. Rates on the property of telecommunications providers equal the general real property tax rate in the tax district. Pennsylvania Utility companies, including many telecommunications providers, are exempt from local property taxes in Pennsylvania.