A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Discount Allowed for Economic Depreciation
Southern New Hampshire Water Company (SNHWC) sued the town of Hudson for an abatement of real property taxes assessed on SNHWC's property. At trial, SNHWC advocated a fair market value based on a calculation of the property's capitalized earnings. The town argued a considerably higher figure based on the reproduction cost approach to value. The town's calculation contained deductions for physical and functional, but not economic, depreciation. The trial court adopted the town's calculations but subtracted 10 percent for economic depreciation.
Discount Allowed for Economic Depreciation
Southern New Hampshire Water Company (SNHWC) sued the town of Hudson for an abatement of real property taxes assessed on SNHWC's property. At trial, SNHWC advocated a fair market value based on a calculation of the property's capitalized earnings. The town argued a considerably higher figure based on the reproduction cost approach to value. The town's calculation contained deductions for physical and functional, but not economic, depreciation. The trial court adopted the town's calculations but subtracted 10 percent for economic depreciation.
Discount Allowed for Economic Depreciation
1995-08-01
1 pages
Article (Journal)
Electronic Resource
English
| Engineering Index Backfile | 1909
| Engineering Index Backfile | 1914
Wiley | 1927
The economic significance of depreciation of hydroelectric plants
| Engineering Index Backfile | 1927
Engineering Index Backfile | 1944