Upon determination by the department of revenue of the true and fair value of the property appearing on such rolls the department shall apportion such value to the respective counties entitled thereto as hereinafter provided, and shall determine the equalized or assessed valuation of such property in such counties by applying to such actual apportioned value the same ratio as the ratio of assessed to actual value of the general property of the respective counties: PROVIDED, That, whenever the amount of the true and fair value of the operating property of any company otherwise apportionable to any county shall be less than two hundred fifty dollars, such amount need not be apportioned to such county but may be added to the amount apportioned to an adjacent county.
RCW 84.16.110
Apportionment of value to counties by department of revenue.
Applied in 1 court decision — leading case 89 Wash. 2d 321 - Burlington Northern, Inc. v. Johnston (1977)
Most recently applied in 89 Wash. 2d 321 - Burlington Northern, Inc. v. Johnston (December 1977)
2001 c 187 s 12; 1997 c 3 s 122 (Referendum Bill No. 47, approved November 4, 1997); 1994 c 301 s 29; 1967 ex.s. c 26 s 18; 1961 c 15 s 84.16.110
Official source: Washington State Legislature. Reproduced from public-domain Washington statutes; confirm against the official source for the current text. Not legal advice.