Pp L v. Dept. of Rev.

Decision part for plaintiff, part for defendant rendered March 19, 1987.

Appeal pending. This case concerns the value of plaintiff's Oregon property as of January 1, 1984. Plaintiff is a regulated public utility which generates and distributes electricity in six western states (Oregon, Washington, California, Idaho, Montana and Wyoming).1

Defendant is required by ORS 308.505 to 308.565 to assess plaintiff's property for ad valorem taxation. Since plaintiff's electric operations stretch across six states, the accepted method is to value plaintiff's electric utility property as an integrated…