Washington Administrative Code › Title 458 - Revenue, Department of › Chapter 458-50 - Intercounty utilities and transportation companies-Assessment and taxation › Section 458-50-100 - Apportionment of operating property to the various counties and taxing districts

Current through Register Vol. 24-14, July 15, 2024
In general.
The department shall apportion the
				value of all public utility companies to the various counties in such a manner
				as will reasonably reflect the true cash value of the operating property
				located within each county and taxing district. Since it is impossible to
				determine with mathematical precision the precise value of each item of
				property located within each county and taxing district, the department shall
				apportion the value of operating property on the following basis:
(1)
Railroad companies -
The
			 ratio that mileage of track, as classified by the department, situated within
			 each county and taxing district bears to the total mileage of track within the
			 state as of January 1 of the assessment year. In the event there exists
			 operating property of railroad companies in counties or taxing districts not
			 having track mileage, the department shall situs such property and apportion
			 value directly on the basis of cost as determined in accordance with the cost
			 approach set forth in WAC
			 458-50-080(A).
(2)
Pipeline companies -
The
			 ratio that inch-equivalent of miles of pipeline situated within each county or
			 taxing district bears to the total inch-equivalent of miles of pipeline within
			 the state as of January 1 of the assessment year. In the event there exists
			 operating property of pipeline companies in counties or taxing districts not
			 having pipeline mileage, the department shall situs such property and apportion
			 value to such county or taxing district directly on the basis of cost as
			 determined in accordance with the cost approach set forth in WAC
			 458-50-080(A).
(3)
Telegraph companies -
The
			 ratio that the cost (historical or original) of operating property situated
			 within each county and taxing district bears to the cost (historical or
			 original) of all operating property within the state as of January 1 of the
			 assessment year.
(4)
Telephone companies -
The ratio that the cost (historical or
			 original) of operating property situated within each county or taxing district
			 bears to the total cost (historical or original) of all operating property
			 within the state as of January 1 of the assessment year.
(5)
Electric light and power companies
			 -
The ratio that cost (historical or original) of operating property
			 situated within each county and taxing district bears to the total cost
			 (historical or original) of all operating property within the state as of
			 January 1 of the assessment year.
(6)
Gas companies -
The ratio
			 that cost (historical or original) of operating property situated within each
			 county and taxing district bears to the total cost (historical or original) of
			 all operating property within the state as of January 1 of the assessment year:
			 Provided, The value of pipeline shall be allocated on the basis of the ratio
			 that inch-equivalent of miles of pipeline situated within each county or taxing
			 district bears to the total inch-equivalent of miles of pipeline within the
			 state as of January 1 of the assessment year.
(7)
Airplane companies -
The
			 ratio that cost (historical or original) of operating property situated within
			 each county and taxing district bears to the total cost (historical or
			 original) of operating property within the state as of January 1 of the
			 assessment year: Provided, That the value of aircraft shall be apportioned on
			 the basis of the ratio that landings and take-offs of such aircraft within each
			 county and taxing district bears to the total landings and take-offs within the
			 state during the previous calendar year.
Statutory Authority:
				  RCW
				  84.12.390. 06-05-034, § 458-50-100,
				  filed 2/8/06, effective 3/11/06; 88-02-009 (Order PT 87-9), § 458-50-100,
				  filed 12/28/87; Order PT 75-2, § 458-50-100, filed
				  3/19/75.