MTS Journal

A special note from the Editor of ASA’s MTS Journal.

News from ASA’s Machinery and Technical Specialties Committee.

Important information and updates from MTS Discipline Governors.

This article focuses on the unit valuation of the industrial and commercial taxpayer’s total assets for property tax purposes.

This article notes the difficulty of valuing wiring and piping as many do not know how to list or value these components. Appraisers should have a solid understanding of cost estimating in order to properly value these systems.

In performing lending valuations, an appraiser is often asked to forecast the cost of liquidating assets to provide a “Net” value, but hidden costs associated with liquidation of titled vehicle fleets can come as a surprise to the uninitiated.