Union Electric Co. v. Estes

Union Electric Company, d/b/a Ameren Missouri (“Ameren”) appeals from a circuit court judgment which upheld the Missouri State Tax Commission’s (“Commission”), decision and order affirming the 2013 assessed valuation of Ameren’s natural gas pipeline real property in Cole County, Missouri as determined by the Cole County Assessor (“Assessor”). Because the Assessor applied the reproduction cost valuation methodology without considering depreciation, we reverse the circuit court’s judgment, and remand this matter for further proceedings as herein described.

Factual and Procedural Background

Ameren…