MTS Journal

2023  •  Volume 39  •  Issue 4

2023
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Articles from this Issue

  • CEO Update

ASA CEO Update Unlocking Networking Excellence: ASAConnect MTS Members Group

ASA CEO Johnnie White gives an update on ASA and the benefits of using ASA's newest networking tool ASAConnect.
PAGE 5 Johnnie White, ASA CEO
  • MTS Governors Update

Letter from the Discipline Governor

An update from the MTS Discipline Governor, Ryan Kinahan.
PAGE 7 Ryan Kinahan, ASA, CPA
  • MTS Chair Update

Letter from the MTS Chair and MTS Education Update

News from ASA’s Machinery and Technical Specialties (MTS) Committee and updates on MTS classes, conferences and events, Jamie Allen, Richard Ellsworth.
PAGE 8 Jamie Allen, ASA, Executive Vice President, Newmark Valuation and Advisory, Chair, MTS Discipline Committee & Rick Ellsworth, ASA, Chair, MTS Education Subcommittee
  • Journal Article

MTS Committee Gives Members a Professional Boost

Are you an experienced appraiser? Join the MTS Committee to showcase your expertise globally through publications and to expand your network.
PAGE 10 Douglas R. Krieser, FASA Chair, MTSC Nominating Committee
  • Journal Article

Age/Life Cost Approach Appraisals for Complex Plants in the Ad Valorem Arena

This article discusses using the age/life cost approach to provide a supportable ad valorem value opinion for industrial plants, even those with a few complications.
PAGE 14 Jack Edgar West, ASA, Principal, Property Valuation and Consulting, Inc.
  • Journal Article

California Advanced Clean Fleet Regulations and Appraisal

This article explores the new California Advanced Clean Fleets (ACF) regulation and how it will open a new appraisal chapter in the continuing fleet emission technology story.
PAGE 22 Jack Young, ASA, Principal, NorCal Valuation Inc., ASA Board of Governors, ARM
  • Journal Article

Facility Assets and the Income Approach

This article explores how facility assets, crucial to the economy, are well-suited for the income approach in valuation despite challenges in identifying the direct benefit stream.
PAGE 27 Richard K. Ellsworth, ASA
  • Journal Article

Inflation: What and How

Inflation's current complexities, driven by Covid, energy shortages, and other disturbances in the economic environment, demand appraisers' insight for precise and valuable client assessments.
PAGE 33 Jeff Lank, ASA
  • Journal Article

Valuation of Maintenance Repair and Overhaul Facilities

This article describes the aviation maintenance repair and overhaul (MRO) facilities industry, discusses the specifics of MRO valuations, and demonstrates an MRO valuation with a case study.
PAGE 36 S. Guzhva, ASA, Professor, Embry-Riddle Aeronautical University & Curtis R. Kimball, ASA, Senior Managing Director, Willamette Management Associates
  • Journal Article

Aviation Ground Support Equipment Industry: Ready for Takeoff

This article presents a brief overview of some of the common GSE, including a market overview, and presents considerations for visual inspection and a few valuation examples.
PAGE 45 Alex Steele, ASA, President, AR International LLC | Steele Advisory Group & Brandon Steele, ASA, Director of Valuations, AR International LLC | Steele Advisory Group
  • Journal Article

Best Practices for Economic Obsolescence Measurement: Part Three

The third part of a four-part series. This topic is particularly relevant to the unit principle appraisal of M&E for state and local ad valorem tax purposes.
PAGE 52 Robert F. Reilly, ASA, Managing Director, Willamette Management Associates