79-5a25. Apportionment of assessed valuation of certain utilities to taxing districts. After the completion of the valuation of properties valued under K.S.A. 79-5a01 et seq., and amendments thereto, excepting railroad properties, the director of property valuation shall apportion the assessed valuation to the taxing units where property is located in the following manner:
First. There shall be assigned an assessed value, in proportion to original cost thereof, to land, other than rights-of-way, improvements, and equipment affixed thereto; vehicles; power operated equipment; materials and supplies; and
Second. All remaining assessed valuation shall be assigned in proportion to the length of lines according to the average original cost of the conjunctive properties and their appurtenances.
History: L. 1987, ch. 373, ยง 2; July 1.
Structure Kansas Statutes
79-5a01 Public utility or public utilities; defined.
79-5a01c Purpose of 2009 amendments to K.S.A. 79-5a01 related to underground storage of natural gas.
79-5a04 Same; valuation of real and personal property.
79-5a09 Same; failure to comply with act; penalties.
79-5a10 Application of 79-5a04.
79-5a11 Administration and enforcement by secretary of revenue; rules and regulations.
79-5a12 Application of 79-5a01, 79-5a06a and 79-5a11.
79-5a13 Application of K.S.A. 79-5a01.
79-5a25 Apportionment of assessed valuation of certain utilities to taxing districts.
79-5a26 Apportionment of assessed valuation of railroads to taxing districts.