MTS Journal

This article is twofold: to describe the appraisal procedures used to value a biomass cogeneration plant for a CA property tax appeal; and to draw some general conclusions from the author's experience that would be useful to other appraisers.

This article discusses the importance of determining the fair-market-value (FMV) for a hydrocarbon-producing property: for purchase price and for investment decisions. Various methods for FMV determination are reviewed, and a new method is proposed.

The article is about an inventory valuation assignment of ABC Toys, which filed for protection under Chapter 11 of the Bankruptcy Code.

Approximately once a year a tabulation of oil and gas severance and production taxes by state will be in the Journal of Technical Valuation.

News from ASA’s Machinery and Technical Specialties Committee.