IDAPA 35.01.03.618 — COMPUTATION OF THE IDAHO IRRIGATION EXEMPTION

Section 63-602N, Idaho Code
01.
Production and Delivery Ratio. This ratio is computed by comparing the Idaho investment in
production and delivery property to the investment for all Idaho unitary property. The resulting ratio will be known as
the production and delivery ratio.
(7-1-24)
02.
Idaho Production and Delivery Value. This is computed by multiplying the allocated Idaho
unitary value, before any exemptions, by the production and delivery ratio.
(7-1-24)
03.
Irrigation Use Ratio. This ratio is computed by comparing Idaho irrigation revenue to the total
Idaho revenue from unitary operations. The resulting ratio will be known as the irrigation use ratio.
(7-1-24)
04.
Idaho Irrigation Exemption. This is computed by multiplying the Idaho production and delivery
value by the irrigation use ratio.
(7-1-24)