Louisiana Administrative Code
Title 61 - REVENUE AND TAXATION
Part V - Ad Valorem Taxation
Chapter 7 - Watercraft
Section V-705 - Tables-Vessels
Current through Register Vol. 50, No. 9, September 20, 2024
A. Vessels-Crew-OSV/Supply-Utility
|
Table 705.A.1 Vessels-Crew-OSV/Supply-Utility |
||||
|
Cost Index Average |
Average Economic Life 20 Years |
|||
|
Year |
Index |
Effective Age |
Percent Good |
Composite Multiplier |
|
2023 |
0.994 |
1 |
97 |
.96 |
|
2022 |
1.012 |
2 |
93 |
.94 |
|
2021 |
1.189 |
3 |
90 |
1.07 |
|
2020 |
1.292 |
4 |
86 |
1.11 |
|
2019 |
1.299 |
5 |
82 |
1.07 |
|
2018 |
1.346 |
6 |
78 |
1.05 |
|
2017 |
1.392 |
7 |
74 |
1.03 |
|
2016 |
1.420 |
8 |
70 |
.99 |
|
2015 |
1.408 |
9 |
65 |
.92 |
|
2014 |
1.421 |
10 |
60 |
.85 |
|
2013 |
1.440 |
11 |
55 |
.79 |
|
2012 |
1.452 |
12 |
50 |
.73 |
|
2011 |
1.493 |
13 |
45 |
.67 |
|
2010 |
1.540 |
14 |
40 |
.62 |
|
2009 |
1.528 |
15 |
35 |
.53 |
|
2008 |
1.572 |
16 |
31 |
.49 |
|
2007 |
1.634 |
17 |
27 |
.44 |
|
2006 |
1.723 |
18 |
24 |
.41 |
|
2005 |
1.803 |
19 |
22 |
.40 |
|
2004 |
1.939 |
20 |
21 |
.41 |
|
2003 |
2.006 |
21 |
20 |
.40 |
|
Table 705.A.2 Vessels-Crew-OSV/Supply-Utility |
||||||||
|
Vessel Type/Size |
Base Cost |
Day Rate |
2023 - 2020 |
2019 - 2016 |
2015 - 2012 |
2011 - 2008 |
2007 - 2004 |
2003 and Earlier |
|
Physical Depreciation |
0.915 |
0.76 |
0.575 |
0.375 |
0.23 |
0.20 |
||
|
Crew |
||||||||
|
60'-70' |
$2,100,000 |
2200 |
$1,921,500 |
$1,596,000 |
$1,207,500 |
$787,500 |
$483,000 |
$420,000 |
|
71'-99' |
$2,200,000 |
2500 |
$2,013,000 |
$1,672,000 |
$1,265,000 |
$825,000 |
$506,000 |
$440,000 |
|
100'-119' |
$3,200,000 |
2800 |
$2,928,000 |
$2,432,000 |
$1,840,000 |
$1,200,000 |
$736,000 |
$640,000 |
|
120'140' |
$3,800,000 |
3200 |
$3,477,000 |
$2,888,000 |
$2,185,000 |
$1,425,000 |
$874,000 |
$760,000 |
|
141'-165' |
$4,200,000 |
3600 |
$3,843,000 |
$3,192,000 |
$2,415,000 |
$1,575,000 |
$966,000 |
$840,000 |
|
165'+ |
$7,000,000 |
4200 |
$6,405,000 |
$5,320,000 |
$4,025,000 |
$2,625,000 |
$1,610,000 |
$1,400,000 |
|
OSV/Supply |
||||||||
|
110'-139' |
$2,900,000 |
2000 |
$2,653,500 |
$2,204,000 |
$1,667,500 |
$1,087,500 |
$667,000 |
$580,000 |
|
140'-159' |
$3,600,000 |
2750 |
$3,294,000 |
$2,736,000 |
$2,070,000 |
$1,350,000 |
$828,000 |
$720,000 |
|
160'-179' |
$4,300,000 |
4000 |
$3,934,500 |
$3,268,000 |
$2,472,500 |
$1,612,500 |
$989,000 |
$860,000 |
|
180'-199' |
$4,900,000 |
5000 |
$4,483,500 |
$3,724,000 |
$2,817,500 |
$1,837,500 |
$1,127,000 |
$980,000 |
|
200'-219' |
$6,500,000 |
6000 |
$5,947,500 |
$4,940,000 |
$3,737,500 |
$2,437,500 |
$1,495,000 |
$1,300,000 |
|
220'-230' |
$7,500,000 |
6250 |
$6,862,500 |
$5,700,000 |
$4,312,500 |
$2,812,500 |
$1,725,000 |
$1,500,000 |
|
231'-279' |
$8,500,000 |
6500 |
$7,777,500 |
$6,460,000 |
$4,887,500 |
$3,187,500 |
$1,955,000 |
$1,700,000 |
|
280'-299' |
$12,200,000 |
10000 |
$11,163,000 |
$9,272,000 |
$7,015,000 |
$4,575,000 |
$2,806,000 |
$2,440,000 |
|
300'-319' |
$18,000,000 |
12000 |
$16,470,000 |
$13,680,000 |
$10,350,000 |
$6,750,000 |
$4,140,000 |
$3,600,000 |
|
320' + |
$22,000,000 |
14000 |
$20,130,000 |
$16,720,000 |
$12,650,000 |
$8,250,000 |
$5,060,000 |
$4,400,000 |
|
Utility |
||||||||
|
119' & Below |
$1,137,000 |
3000 |
$1,040,355 |
$864,120 |
$653,775 |
$426,375 |
$261,510 |
$227,400 |
|
120'-139' |
$1,606,000 |
3250 |
$1,469,490 |
$1,220,560 |
$923,450 |
$602,250 |
$369,380 |
$321,200 |
|
140'-165' |
$3,078,000 |
3500 |
$2,816,370 |
$2,339,280 |
$1,769,850 |
$1,154,250 |
$707,940 |
$615,600 |
|
165' + |
$3,500,000 |
4000 |
$3,202,500 |
$2,660,000 |
$2,012,500 |
$1,312,500 |
$805,000 |
$700,000 |
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:1837 and R.S. 47:2323.
