abstract As counties and municip...

abstract

As counties and municipalities aim through tough economic times, the appraisal of special-purpose industrial properties for ad valorem final causes has become increasingly contentious. Adjustments to the assessed value of a single possessions can result in gains or losse of millions of dollars to taxing jurisdictions. This article discusses for what purpose for ad valorem purposes, greatest in quantity special-purpose industrial properties are overvalued. It further discusses the valuation of special-purpose industrial properties, and describes for what purpose a supportable value conclusion many times cannot be developed using the sales comparison or income capitalization approaches.

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Appraisers and shire tax assessors are devoting more attention