Nev. Admin. Code § 361A.420 — 361A.420

NAC 361A.420    Golfing improvements: Calculation of factor for obsolescence. ( NRS 360.090 , 360.250 ,
361A.225 )    For the
purposes of subsection 3 of NAC 361A.400 ,
a county assessor shall:
1.  Determine the number of rounds of golf
played on a golf course during the 12-month period ending on June 30 immediately
preceding the date of valuation;
2.  Determine the number of rounds of golf
played on that golf course during the busiest month of that period;
3.  Multiply the number determined pursuant
to subsection 2 by 12;
4.  Divide the number determined pursuant to
subsection 1 by the number determined pursuant to subsection 3; and
5.  Apply the figure determined pursuant to
subsection 4 as the factor for the obsolescence of the golfing improvements.
(Added to NAC by Tax Comm’n by R010-07, eff. 10-31-2007)