Form 3991 2018 Gas Turbine and Diesel Electric Generator Report - Michigan

Form 3991 or the "Gas Turbine And Diesel Electric Generator Report" is a form issued by the Michigan Department of Treasury.

The form was last revised in November 1, 2017 and is available for digital filing. Download an up-to-date fillable Form 3991 in PDF-format down below or look it up on the Michigan Department of Treasury Forms website.

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Reset Form
2018
Parcel Number
Michigan Department of Treasury
3991 (Rev. 11-17)
Gas Turbine and Diesel Electric Generator Report
This form is issued under authority of P.A. 206 of 1893. Filing is mandatory. Failure to file is punishable by fine and/or imprisonment.
FROM:
(Name and Address of Assessor)
Name of Power Plant
Preparer's Name, Address and Telephone Number
TO:
(Name and Address of Taxpayer)
Preparer's E-mail Address
INSTRUCTIONS
The attached original cost multipliers are for use with the depreciated reproduction cost approach to value.
LAND - List dimensions for platted lots and acreage for large parcels.
LAND IMPROVEMENTS - List all major improvements to land such as paving, railroad sidings, fencing, tanks, water systems, docks, retaining walls,
sewage treatment facilities, roads and bridges, etc., giving year built or acquired and the original cost.
BUILDINGS - List each building separately giving the year built or acquired, type of building (office, warehouse, powerhouse, garage, shed, etc.) and
original cost.
AIR AND WATER POLLUTION CONTROL FACILITIES - Attach a list of exemption certificates, dates, and amounts.
Attach additional schedules if necessary. See Bulletin 8 of 2007 regarding self-constructed assets.
ASSESSOR'S CALCULATIONS
COST
CONSTRUCTION IN PROGRESS
1a.
1b.
Year Purchased
Size
LAND
TOTAL
2a.
2b.
Year in Service
Description
LAND
IMPROVEMENTS
TOTAL
3a.
3a.
Year in Service
Description
BUILDINGS
TOTAL
4a.
4b.
5. Replacement Parts
5a.
5b.
6. Totals from page 2
6a.
6b.
7. GRAND TOTALS
7a.
7b.
Assessor's Adjustments
True Cash Value
Assessed Value (50% of TCV)
Reset Form
2018
Parcel Number
Michigan Department of Treasury
3991 (Rev. 11-17)
Gas Turbine and Diesel Electric Generator Report
This form is issued under authority of P.A. 206 of 1893. Filing is mandatory. Failure to file is punishable by fine and/or imprisonment.
FROM:
(Name and Address of Assessor)
Name of Power Plant
Preparer's Name, Address and Telephone Number
TO:
(Name and Address of Taxpayer)
Preparer's E-mail Address
INSTRUCTIONS
The attached original cost multipliers are for use with the depreciated reproduction cost approach to value.
LAND - List dimensions for platted lots and acreage for large parcels.
LAND IMPROVEMENTS - List all major improvements to land such as paving, railroad sidings, fencing, tanks, water systems, docks, retaining walls,
sewage treatment facilities, roads and bridges, etc., giving year built or acquired and the original cost.
BUILDINGS - List each building separately giving the year built or acquired, type of building (office, warehouse, powerhouse, garage, shed, etc.) and
original cost.
AIR AND WATER POLLUTION CONTROL FACILITIES - Attach a list of exemption certificates, dates, and amounts.
Attach additional schedules if necessary. See Bulletin 8 of 2007 regarding self-constructed assets.
ASSESSOR'S CALCULATIONS
COST
CONSTRUCTION IN PROGRESS
1a.
1b.
Year Purchased
Size
LAND
TOTAL
2a.
2b.
Year in Service
Description
LAND
IMPROVEMENTS
TOTAL
3a.
3a.
Year in Service
Description
BUILDINGS
TOTAL
4a.
4b.
5. Replacement Parts
5a.
5b.
6. Totals from page 2
6a.
6b.
7. GRAND TOTALS
7a.
7b.
Assessor's Adjustments
True Cash Value
Assessed Value (50% of TCV)
3991, Page 2
TABLE 1: Gas Turbine Equipment
TABLE 2: Diesel Electric Generator Equipment
Assessor's
Assessor's
Year
Original Cost
Year
Original Cost
Calculations
Calculations
2017
2017
0.94
0.92
2016
2016
0.95
0.82
2015
2015
0.95
0.72
2014
2014
0.96
0.64
2013
2013
0.95
0.56
2012
2012
0.95
0.53
2011
2011
1.01
0.50
2010
2010
0.99
0.48
2009
2009
1.02
0.46
2008
2008
1.05
0.44
2007
2007
1.15
0.43
2006
2006
1.29
0.41
2005
2005
1.28
0.41
2004
2004
1.20
0.40
2003
2003
1.12
0.39
2002
2002
1.09
0.38
2001
2001
1.07
0.38
2000
2000
1.01
0.37
1999
1999
0.95
0.36
1998
1998
0.92
0.35
1997
1997
0.87
0.35
1996
1996
0.81
0.34
1995
1995
0.77
0.33
1994
1994
0.75
0.32
1993
1993
0.70
0.32
1992
1992
0.70
0.31
1991
1991
0.70
0.30
1990
1990
0.70
0.29
1989
1989
0.70
0.29
1988
1988
0.70
0.28
1987
1987
0.70
0.27
1986
1986
0.70
0.25
1985
1985
0.70
0.25
Prior
1984
0.70
0.25
1983
TOTALS B1
B2
0.70
1982
0.70
COST TOTAL (for page 2).
1981
0.70
Taxpayer: Add Cost Total of Table 1 or 2, as applicable.
1980
0.70
Enter total here and carry to line 6a on page 1.
Prior
0.70
TRUE CASH VALUE TOTAL (for page 2).
TOTALS A1
A2
Assessor: Add True Cash Value Total of Table 1 or 2, as applicable.
Enter total here and carry to line 6b on page 1.
The above multipliers are to be applied to original acquisition costs to arrive at an indication of true cash value by the replacement cost less depreciation
approach to value. These tables account for physical deterioration and normal obsolescence. They do not account for extraordinary obsolescence.
The above diesel multipliers are not to be used in those instances where gas turbine units are not feasible because of insufficient supplies of natural gas.
In those cases, the assessor/appraiser should apply the single cycle gas turbine multipliers to the original acquisition costs of the diesel electric
generator.Some diesel electric generators have experienced greatly reduced usage and may be used only for emergency situations. This may be the
case with respect to older units which were originally used for 24-hour operation and located in rural areas. In such instances, the assessor/appraiser
should consider a further valuation allowance not to exceed 50%.
EXCERPT FROM THE GENERAL PROPERTY TAX ACT
211.19 (3) If a supervisor, an assessing officer, a county tax or equalization department provided for in section 34, or the state tax commission considers
it necessary to require from any person a statement of real property assessable to that person, it shall notify the person, and that person shall submit the
statement.
CERTIFICATION - I hereby declare that the above is a complete and true statement
Date
Signature of Owner
(Preparer or Agent)

Download Form 3991 2018 Gas Turbine and Diesel Electric Generator Report - Michigan

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