December 19, 2013
II. Administrative Resources - Cherice Kjosness
A. ARL Volume 2, Chapter 1, Assessor's Duties and Relationships
1. Page 1.17 Correction for retiring assessors
2. Page 1.19 Correction for retiring assessors
3. Page 1.21 Correction for CAA Officers
4. Page 1.41 Updated information for Archives
B. ARL Volume 2, Chapter 2, Assessment Operations
1. Page 2.10 Word Correction
C. ARL Volume 2, Chapter 3, Specific Assessment Procedures
1. 3.16 Statutory cite correction
2. 3.51 New website for Veterans Administration
D. ARL Volume 2, Chapter 5, Taxpayer Administrative Remedies
1 Page 5.2 Clarification
2. Page 5.3 Addition of Legislative Declaration
3. Page 5.4 Addition of Legislative Declaration
4. Page 5.7 Statutory cite correction from OLLS
5. Page 5.8 Formatting correction
6. Page 5.12 Clarification
E. ARL Volume 2, Chapter 7, Abstract, Certification, and Tax Warrant
1. Page 7.15 Clarification
F. ARL Volume 2, Chapter 9, Form Standards
1. Page 9.147 Clarification request from OLLS
G. ARL Volume 2, Chapter 12, Special Topics
1. Page 12.22 Correction
2. Page 12.41 New statutory language from HB 13-1314
3. Pages 12.45-12.46 Update example
III. Appraisal Standards - Curt Settle
A. ARL Volume 3, Chapter 4, Valuation of Vacant Land Present Worth
1. Pages 4.35-4.36 Updated dates in Addendum 4-A, Vacant/Subdivision Land Questionnaire
for intervening year.
B. ARL Volume 3, Chapter 6, Valuation of Natural Resources
1. Page 6.46 Updated example for determining oil and gas return on investment (ROI)
deduction with 2014 BBB bond rate.
2. Pages 6.65-6.66 Updated Hoskold factor and coal valuation examples with 2014 rates.
3. Page 6.72-6.73 Updated Hoskold factor and sand and gravel valuation examples with
4. Page 6.80 Updated nonproducing mining claim valuation examples with 2014 rate.
5. Page 6.85 Updated nonproducing severed mineral interest valuation example with
6. Page 6.91 Updated economic royalty rates in Addendum 6-A, Sand & Gravel
Economic Royalty Rates.
7. Pages 6.93-6.94 Updated discount rate and steam coal pricing in Addendum 6-B, Coal
& Other Rates and Prices.
8. Page 6.95 Updated discount rate and sinking fund factor in Addendum 6-C, Hoskold
9. Page 6.101 Updated BBB Bond Rate, NERF, and NERF Spreadsheet Instructions.
10. NERF & SIRF
Forms/instructions Updated dates, BBB bond rate, and title of ARL, Volume 3 in NERF & SIRF
forms and instructions.
C. ARL Volume 3, Chapter 7, Special Issues in Valuation
1. Page 7.88 Comment added to Ski Area Possessory Interest valuation example to be
updated in March of 2014.
2. Page 7.113 2013 Possessory Interest Valuation Rates removed. Comment added to
be updated in March of 2014.
D. ARL, Volume 5, Chapter 4, Personal Property Tables
1. Page 4.3 Updated Cost Factor Table example.
2. Page 4.4 Updated Percent Good Table example.
3. Page 4.6 Updated Level of Value Factor example.
4. Page 4.7 Updated date in Addendum 4-A, Industry Category Table
5. Pages 4.8-4.10 Updated dates and factors in Addendum 4-B, Cost Factor Tables
6. Pages 4.11-4.12 Updated dates in Addendum 4-C, Economic Life Estimates.
7. Pages 4.14-4.15 Updated dates and rates in Addendum 4-D, Percent Good Tables.
8. Page 4.16 Updated dates and factors in Addendum 4-E, Level of Value Factors.
9. Page 4.17 Updated dates and rates in Addendum 4-F, Consolidated example.
E. ARL, Volume 5, Chapter 6, Oil and Gas Equipment Valuation
1. Page 6.4 Updated adjustment (rollback) factor for oil and gas equipment.
2. Page 6.10 Updated adjustment (rollback) factor for oil and gas equipment.
3. Pages 6.23-6.24 Updated rates in Addendum 6-C, Additional Installed Equipment List
for oil and gas equipment valuation.
4. Pages 6.25-6.27 Updated rates and Addendum 6-D, Stored Equipment List for oil and
gas equipment valuation.
5. Pages 6.29-6.40 Updadted BEL rates used in Addendum 6-E, Examples of Well Equipment
6. Pages 6.41-6.240 Updated BEL Tables.
F. ARL, Volume 5, Chapter 7, Special Issues
1. Page 7.2 Updated Auxiliary (Moveable) Equipment Valuation example.
2. Page 7.6 Updated high-tech drill rig language for clarification.
3. Pages 7.13-7.14 Updated oil and gas pipeline gathering system valuation examples
4. Page 7.20 Updated oil and gas pipeline capitalization rates and valuation examples
5. Page 7.26 Updated oil and gas pipeline gathering system valuation example.
6. Pages 7.28-7.29 Updated oil and gas pipeline field equipment and structure valuation
examples and dates.
7. Page 7.55 Updated renewable energy rate.
8. Page 7.56 Updated renewable energy rate example.
9. Page 7.59-7.61 Updated market valuation depth schedule, drill pipe and drill collar
rates, and valuation example for drill rigs in Addendum 7-A, Drilling
Rig Depth Schedule.
10. Page 7.63 Updated RCN Trending Factors and Percent Good Tables for pipeline
systems in Addendum 7-B, Cost Trending Factors and Percent Good