Section 35.01.03.618 - COMPUTATION OF THE IDAHO IRRIGATION EXEMPTIONSection 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.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.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.04.Idaho Irrigation Exemption. This is computed by multiplying the Idaho production and delivery value by the irrigation use ratio.Idaho Admin. Code r. 35.01.03.618