§ 27.5.1.1 CENTRALLY VALUED PROPERTY.

• Jurisdiction: Arizona

§ 27.5.1.1 Centrally Valued Property. Centrally valued property includes airline flight property, railroads, private car companies, mines, and utilities such as gas, water, electric, pipeline, telephone, and telegraph companies. Separate sets of statutes govern the specific details of the manner of assessment and timing of administrative appeals for each of these properties. See A.R.S. § 42-14001 et seq. However, the valuation process and administrative appeals to the department all fit into a common...