(1) For the period January 1, 1993 through December 31, 1996, the 1992 Montana Appraisal Manual is used for valuing residential and agricultural/forest lands new construction and use changes. The cost base schedules reflect January 1, 1992, cost information.

(2) For the reappraisal cycle beginning January 1, 1997, the 1996 Montana Appraisal Manual is used for valuing residential and agricultural/forest lands real property. The cost base schedules reflect January 1, 1996, cost information. Reappraisal values were used for property tax purposes for the 1997 tax year.

(3) For the period January 1, 1993, through December 31, 1996, the 1992 Montana Appraisal Manual is used for valuing commercial and industrial new construction and use changes. If the property is not listed in the 1992 Montana Appraisal Manual, other construction cost manuals such as Boeckh; Marshall Valuation Service Manual; Richardson Engineering Services, Inc., entitled "Process Plant Construction Estimating Standards"; or R.S. Means Company, Inc., entitled "Building Construction Cost Data" will be used with a publication date as close as possible to the Montana Appraisal Manual. The cost base schedules will reflect January 1, 1992, cost information.

(4) For the reappraisal cycle beginning January 1, 1997, the 1996 Montana Appraisal Manual is used for valuing commercial and industrial real property. If the property is not listed in the 1996 Montana Appraisal Manual, other construction cost manuals such as Boeckh; Marshall Valuation Service; Richardson Engineering Services, Inc., entitled "Process Plant Construction Estimating Standards"; or R.S. Means Company, Inc., entitled "Building Construction Cost Data" is used with a publication date as close as possible to the Montana Appraisal Manual. The cost base schedules reflect January 1, 1996, cost information. Reappraisal values were used for property tax purposes for the 1997 tax year.

(5) For the reappraisal cycle beginning January 1, 2003, the 2002 Montana Appraisal Manual, adjusted for local conditions, will be used for valuing commercial and industrial real property. If the property is not listed in the 2002 Montana Appraisal Manual, other construction cost manuals such as Marshall Valuation Service; Boeckh; Richardson Engineering Services, Inc., entitled "Process Plant Construction Estimating Standards"; or R.S. Means Company, Inc., entitled "Building Construction Cost Data" will be used with a publication date as close to the 2002 Montana Appraisal Manual as possible. The cost base schedules reflect January 1, 2002, cost information.

(6) Copies of the valuation manuals used by the department may be reviewed in the department field office or purchased from the department by writing to Department of Revenue, P.O. Box 8018, Helena, Montana 59604-8018.

(7) This rule applies to tax years January 1, 1993, through December 31, 2008.