LAC 61:V.2503
A. Suggested Guideline For Ascertaining Economic Lives of Business and Industrial Personal Property. The following alphabetical list includes most of the principal activities and types of machinery and equipment used in business throughout this state. The years shown represent an estimate of the average economic life of the equipment as experienced by the particular business or industry. The actual economic life of the assets of the business under appraisal may be more or less than the guidelines shown. The assessor must use his best judgment in consultation with the property owner in establishing the economic life of the property under appraisal.
1. Suggested Guidelines for Ascertaining Economic Lives of Business and Industrial Personal Property
| Table 2503.A Business Activity/Type of Equipment | Average Economic Life in Years |
| Agricultural Machinery and Equipment Feed Mill Equipment (Production Line) | 10 20 |
| Air Conditioning and Heat Repair | 10 |
| Air Conditioning Single Room Unit | 8 |
| Aircraft Parts Mfg. M and E | 12 |
| All Terrain Vehicles | 10 |
| Aluminum Industry M and E | 20 |
| Amusement Devices (Music, Pinball Mach., etc.) | 12 |
| VCR and DVD Players | 5 |
| Video Games | 3 |
| Video Poker Gaming Equipment | 5 |
| Inflatable Air Bouncers | 5 |
| Amusement and Theme Parks | 12 |
| Antenna (ex. Mounted on Towers) for Telephone Cellular and CATV, etc. | 8 |
| Apparel Mfg. M and E | 20 |
| Auto Parts Retail | 10 |
| Auto Quick Service | 10 |
| Auto Repair M and E | 8 |
| Diagnostic Equipment (Electronic) | 5 |
| Small Tools | 5 |
| Bakeries | |
| Industrial (i.e., Holsum, Sunbeam Bread) | 20 |
| Commercial (i.e., Albertson's, Mom and Pop, etc.) | 12 |
| Bank F nd F | 12 |
| Bank Safety Deposit Boxes | 25 |
| Banks | |
| Alarm Systems | 5 |
| Automatic Teller Machines (ATM's) | 8 |
| Furniture and Fixtures | 12 |
| Safety Deposit Boxes | 25 |
| Vault Doors | 25 |
| Video Equipment | 5 |
| Encoders | 10 |
| Barber and Beauty Shops | 10 |
| Tanning Beds | 10 |
| Billboards, Poster Panels and Bulletin Boards | 15 |
| Bleach Mfg. M and E | 12 |
| Blueprinting, Photostating, Mimeographing and Lithographing (non-electronic) | 10 |
| Boat Molds (fiberglass) | 8 |
| Book Bindery | 12 |
| Bottling and Soft Drinks Mfg. M and E | 20 |
| Bowling Lanes | 12 |
| Automatic Pinsetters and Other M and E | 10 |
| Brewing and Distilling M and E | 20 |
| Butcher Shops | 12 |
| C.A.T.V. Equipment | |
| Headend Active (Equipment and Tower) | 8 |
| House Drops and Converters | 3 |
| P and E (Distribution) | 10 |
| Test Equipment and Tools | 5 |
| Tower | 20 |
| Cabinet Shop M and E | 8 |
| Candy and Confections Mfg. M and E | 12 |
| Cannery M and E | 20 |
| Car Wash (5 min. and coin-op) | 10 |
| Carbon Capture, Utilization and Sequestration* Carbon Capture Equipment Equipment Utilizing Captured Carbon to Make Products Equipment Related to Permanent Sequestration of Captured Carbon (See Chapter 13 for CCUS pipelines and §2501.E for CCS wells) * As carbon capture, utilization and sequestration (CCUS) property is a new category of property in this Chapter beginning 2025, rules related to CCUS are intended to be applicable until additional sufficient information becomes available from operations and/or market data to support revised rules. | 15 15 15 |
| Cash Registers and Scanners (also see Supermarkets) | 5 |
| Cellular/PCS | |
| Antennas | 5 |
| Cellular/PCS Telephone Handsets | 3 |
| Electronics | 5 |
| Leasehold Improvements | 15 |
| Power and Batteries | 5 |
| Software | 3 |
| Switching | 5 |
| Towers—Cellular/PCS and Microwave | 20 |
| Transmission | 5 |
| Cement, Clay and Brick Prods. Mfg. M and E | 20 |
| Chemical Industry M and E | 15 |
| Chiropractic Equipment | 10 |
| Clothing Mfg. M and E | 20 |
| Cocktail and Beer Bars | 10 |
| Coin-op Machines | 10 |
| Cold Storage Warehouse Equipment | 12 |
| Compressors (General Business Assets Only) | 12 |
| Computers | |
| Desktops | 3 |
| Handhelds | 3 |
| Laptops | 3 |
| Main Frame | 5 |
| Midrange | 5 |
| Peripherals | 3 |
| Personal Computers | 3 |
| Servers | 5 |
| Concrete Products M and E | 20 |
| Construction M and E | |
| Cranes, Crawler | 20 |
| General Construction | 10 |
| Asphalt Plants | |
| Portable | 10 |
| Stationary | 12 |
| Land Clearing | |
| Marine Construction | |
| Ships and Vessels | 20 |
| Pleasure Craft | 12 |
| Mobile Telescopic | 8 |
| Road Construction (heavy) | 10 |
| Rock Crushing | |
| Portable | 10 |
| Stationary | 12 |
| Sewer and Utilities | 10 |
| Well Drilling (other than O and G) | 10 |
| Container Mfg. M and E | 20 |
| Converters (Residential Type) | 3 |
| Coolers (walk-in) | 3 |
| Coolers | |
| Water (Installed/Water Fountain) | 10 |
| Water (Portable) | 5 |
| Water Bottles (5 gallon) | 3 |
| Copy Machines | 3 |
| Costumes (rental) | 5 |
| Cotton Gins | 12 |
| Cranes (crawler) | 20 |
| Credit Card Machine (In Store Swipe-Type) | 5 |
| Credit Card Machines (See Supermarket POS) | |
| Dairy Processing M and E | 20 |
| Day Care (Exclude Office, Kitchen and Computer Assets) | 5 |
| Dental Equipment | 12 |
| Department Store Furniture and Equip. | 12 |
| Dies and Molds | 10 |
| Digital Cameras & Recorders | 5 |
| Dispensing Machinery (coin-op) | 10 |
| Distilling and Brewing M and E | 20 |
| Doctors, Dentists and Professional Equip. | 12 |
| Drug Store F and F | 12 |
| Dry Cleaning and Laundry M and E | |
| (Except coin-op) | 12 |
| (Coin-op) | 5 |
| Electrical Generating | |
| Gas and Diesel | 10 |
| Steam | 25 |
| Electrical Mfg. M and E | 15 |
| Electrical Transmission and Distribution | 25 |
| Electronic Equipment | 5 |
| Electronic Mfg. Equip. | 8 |
| Feedmill M and E | 12 |
| Fertilizer Applicators | 10 |
| Fertilizer Mfg. M and E | 8 |
| Fiberglass Molds | 8 |
| Fish Processing M and E | 20 |
| Fitness Equipment | |
| Manual | 8 |
| Electronic | 5 |
| Florist Retail (Except Computers and Other Office Equipment) | 8 |
| Flour, Cereal and Grain Milling | 20 |
| Food Processing M and E | 20 |
| Forklifts | |
| Inside | 12 |
| Outside | 10 |
| Foundry M amd E | 20 |
| Fruit Bins and Cargo Pallets | 10 |
| Gaming Equipment | |
| Casino Equipment (see riverboat casinos) | |
| Electronic, Slots or Computers | 5 |
| Lotto Machines | 3 |
| Mechanical, Slots | 10 |
| All Other Gaming Equipment | 15 |
| Garage M and E | 8 |
| General Contractor M and E | 8 |
| Golf Carts | 8 |
| Golf Course Equip. | 10 |
| Golf Course Tractors | 12 |
| GPS Receivers (Hand Held) | 3 |
| Greenhouse and Nursery M&E | 10 |
| Grocery Store F and F | 12 |
| Grocery Store Walk-In Coolers | 12 |
| Hardware Store F and F | 12 |
| Hatchery M and E | 10 |
| Health Spa Equip. | 10 |
| Hospital and Nursing Home Equipment | 12 |
| High Tech (Computer Driven) Equipment | 5 |
| Hotel F and F | 10 |
| Ice Cream Cabinets | 10 |
| Ice and Refrigeration M and E | 20 |
| Iron and Steel Industry M and E | 25 |
| Janitorial Service M and E | 10 |
| Jewelry Store F and F and Equip. | 12 |
| Key Duplication Equip. | 10 |
| Laboratory Equip. (non-electronic) | 12 |
| Landscaping M and E | 10 |
| Laundry and Dry Cleaning M and E | |
| (Except Coin-op) | 12 |
| (Coin-op) | 5 |
| Leather Products Mfg. M and E | 20 |
| Libraries (professional) | 15 |
| Lift Trucks (See Forklift) | |
| Lumber and Wood Products Industry | |
| Logging M and E | 10 |
| Log Stackers | 10 |
| Pulp, Paper and Paperboard M and E | 20 |
| Plywood and Veneer M and E | 20 |
| Scarifying M and E | 10 |
| Sawmills | |
| Portable | 12 |
| Stationary | 20 |
| Shake and Shingle Mills | |
| Portable | 12 |
| Stationary | 20 |
| Machine Shop M and E (Maintenance) | 8 |
| Machine Shop M and E (Production) | 8 |
| Mailing Machines | 10 |
| Meat Packing M and E | 12 |
| Meat Processing M&E (complex) | 20 |
| Medical Equipment | 12 |
| Computer Driven | 5 |
| Metal Fabrication and Extrusion Mfg. M and E | 20 |
| Metal Sheet Fabrication | 8 |
| Mining, Milling and Quarry M and E | 10 |
| Mobile Yard Equipment | 10 |
| Modular Office Buildings (portable) | 15 |
| Mortuary Service Equip. | 12 |
| Motel Furniture and Equipment | 10 |
| Movie (Film Making) | 8 |
| Music Instruments (rental) | 8 |
| Music Studio Recording Equipment | 5 |
| Music Systems (Background) | 5 |
| Neon Signs | 10 |
| Newspaper M and E | |
| Press | 15 |
| Photographic | 10 |
| Other M and E | 15 |
| Nursing Home Equipment | 12 |
| Mattresses | 3 |
| Nursing and Greenhouse M and E | 10 |
| Office Computers | 5 |
| Office Copy Machines | 8 |
| Office Copy Machines, Faxes and Printers | 3 |
| Office Electronic Machines | 5 |
| Office F and F | 12 |
| Office Mailing Machines | 10 |
| Office Safes | 25 |
| Oilfield Rental Tanks | 15 |
| Outdoor Advertising Structures (see Signs) | |
| Oxygen and Acetylene Tanks | 25 |
| P.A. Systems | 10 |
| Packing and Sorting M and E (fruit, veg., etc.) | 12 |
| Paint and Varnish Mfg. M and E | 12 |
| Pallets, Crates, Lugs, Bins, etc. | 10 |
| Petroleum Products Industry | |
| Bulk Station Equip. | 25 |
| Refining M and E | 20 |
| Service Station Equip.* | 10 |
| Photography Equipment | 8 |
| One Hour Photoprocessing Equipment | 8 |
| Plastic Extrusion Equipment | 12 |
| Plastic Illuminated Signs | 10 |
| Plumbing Shop Equipment | 8 |
| Plywood and Veneer Mfg. M and E | 20 |
| Pollution Control M and E | 15 |
| Pool Hall Equipment | 125 |
| Poultry Plants M and E | 12 |
| Portalets | 5 |
| Power and Generation M and E | |
| Gas and Diesel | 10 |
| Steam | 25 |
| Printing and Publishing Equip.(see Newspaper) | |
| Professional Equipment | |
| Scientific, Doctors, Dentists, etc. | 12 |
| Libraries | 15 |
| Propane Tanks | 25 |
| Pulp and Paper Mfg. M and E | 20 |
| Radio and Television | |
| Broadcasting Equipment | 8 |
| C.A.T.V. (Cable System) | 10 |
| Digital Radio Equipment | 5 |
| Recording Equipment | 8 |
| Service and Repair Equipment | 10 |
| Towers | 20 |
| RadioTelephone Equip.2-Way | 10 |
| Rental Equipment | |
| Public U-Rent (except heavy equipment) | 5 |
| Tuxedos | 5 |
| Linens | 3 |
| Video Tape, DVD and Game Rental | 3 |
| Research and Development M and E | 3 |
| Restaurants, Soda Fountains and Drive-Ins | 10 |
| Retail Stores F and F | 12 |
| Riverboat Casinos | |
| Required to cruise | 15 |
| Dockside on a permanent basis | 20 |
| Rock Crushers (See: Construction) | |
| Salt Dome Storage Wells and Caverns (LDNR Class II Type 10, 11-L or 11-N) | 30 |
| Sawmills (See: Lumber) | |
| Scaffolding (rental) | 10 |
| Search Lights | 10 |
| Service Station Equipment* | 10 |
| Sewer Construction Equip. | 10 |
| Sewing Equipment | 12 |
| Sheet Metal Fabrication | 8 |
| Shipbuilding (see Construction) | |
| Shoes and Leather Prods. Mfg. M and E | 20 |
| Shipyards (see Construction) | |
| Signs | |
| Bulletin Boards | 15 |
| Billboards | 15 |
| Neon | 10 |
| Plastic Illuminated | 10 |
| Poster Panels | 15 |
| Electronic Three-sided Billboard | 10 |
| Small Toolsperishable | 5 |
| Smelting M&E | 20 |
| Soft Drink Mfg. M and E (batch) | 20 |
| Solar Farm Panels Racking Controls/Electronics Tracking/Motors Inverters Feeder Lines O and M Facility Fencing | 25 20 5 10 10 20 25 15 |
| Storage Buildings (portable) | 10 |
| Stores | |
| Retail | 12 |
| Wholesale | 12 |
| Sugar Cane Refining M and E | 20 |
| Supermarkets | |
| Cash Register Scanners | 5 |
| PA Systems (Public Address) | 5 |
| POS Computer Systems | 3 |
| Walk-In Coolers | 12 |
| Surveying Equipment (also see Professional Equipment) | 8 |
| Tavern and Bar Equipment | 10 |
| Telecommunications Equipment (electronic) | 8 |
| Fiber Optic Cable (buried) | 15 |
| Fiber Optic Cable (exposed) | 8 |
| Telephone and Intercom Systems | |
| Electronic | 8 |
| Manual (non-electronic) | 10 |
| Television and Radio (see Radio) | |
| Textile, Tent and Awning Mfg. M and E | 20 |
| Theater | |
| Projection Equipment | 8 |
| F and F | 15 |
| Tire Recapping Equipment | 12 |
| Toilets, portable | 12 |
| Towers | |
| Cellular | 20 |
| Microwave | 20 |
| Tuxedo Rental | 5 |
| Unlicensed Vehicles | 10 |
| Upholstery Equipment | 10 |
| VCR and DVD Equipment (If Rental Units, see Rental) | 5 |
| Vending Machines | 10 |
| Video Games | 3 |
| Video Poker Gaming Equipment | 5 |
| Warehouse Equipment | 12 |
| Water Systems | 12 |
| Welding Shop Equipment | 12 |
| Wholesale Stores | 12 |
| Winery Equipment | 12 |
| Woodworking Shops M and E | 8 |
| X-Ray Equipment | 12 |
| *If acquisition cost and age of service station equipment are not available, see Chapter 9, Table 907.C-4 for alternative assessment procedure. |
B. Cost Indices
| Table 2503.B Cost Indices | |||
| Year | Age | National Average 1926 = 100 | January 1, 2025 = 100* |
| 2025 | 1 | 2365.2 | 0.977 |
| 2024 | 2 | 2289.6 | 1.009 |
| 2023 | 3 | 2257.4 | 1.023 |
| 2022 | 4 | 2218.3 | 1.041 |
| 2021 | 5 | 1888.1 | 1.223 |
| 2020 | 6 | 1736.4 | 1.330 |
| 2019 | 7 | 1727.8 | 1.337 |
| 2018 | 8 | 1667.7 | 1.385 |
| 2017 | 9 | 1612.2 | 1.433 |
| 2016 | 10 | 1580.9 | 1.461 |
| 2015 | 11 | 1593.7 | 1.449 |
| 2014 | 12 | 1578.8 | 1.463 |
| 2013 | 13 | 1558.7 | 1.482 |
| 2012 | 14 | 1545.9 | 1.494 |
| 2011 | 15 | 1503.2 | 1.537 |
| 2010 | 16 | 1457.4 | 1.585 |
| 2009 | 17 | 1468.6 | 1.573 |
| 2008 | 18 | 1427.3 | 1.618 |
| 2007 | 19 | 1373.3 | 1.682 |
| 2006 | 20 | 1302.3 | 1.774 |
| 2005 | 21 | 1244.5 | 1.856 |
| 2004 | 22 | 1157.3 | 1.996 |
| 2003 | 23 | 1118.6 | 2.065 |
| 2002 | 24 | 1100.0 | 2.100 |
| 2001 | 25 | 1093.4 | 2.112 |
| 2000 | 26 | 1084.3 | 2.130 |
| 1999 | 27 | 1065.0 | 2.169 |
| 1998 | 28 | 1061.8 | 2.175 |
| 1997 | 29 | 1052.7 | 2.194 |
| 1996 | 30 | 1036.0 | 2.229 |
| 1995 | 31 | 1020.4 | 2.264 |
*Reappraisal Date: January 1, 2025 – 2309.7 (Base Year)
C. Percent Good
| Table 2503.C Percent Good | ||||||||||
| Age | 3 Yr | 5 Yr | 6 Yr | 8 Yr | 10 Yr | 12 Yr | 15 Yr | 20 Yr | 25 Yr | 30 Yr |
| 1 | .70 | .85 | .87 | .90 | .92 | .94 | .95 | .97 | .98 | .98 |
| 2 | .49 | .69 | .73 | .79 | .84 | .87 | .90 | .93 | .95 | .97 |
| 3 | .34 | .52 | .57 | .67 | .76 | .80 | .85 | .90 | .93 | .95 |
| 4 | .16 | .34 | .41 | .54 | .67 | .73 | .79 | .86 | .90 | .93 |
| 5 | .23 | .30 | .43 | .58 | .66 | .73 | .82 | .87 | .91 | |
| 6 | .18 | .19 | .33 | .49 | .58 | .68 | .78 | .84 | .89 | |
| 7 | .18 | .26 | .39 | .50 | .62 | .74 | .81 | .86 | ||
| 8 | .22 | .30 | .43 | .55 | .70 | .78 | .84 | |||
| 9 | .20 | .24 | .36 | .49 | .65 | .75 | .82 | |||
| 10 | .21 | .29 | .43 | .60 | .71 | .79 | ||||
| 11 | .20 | .24 | .37 | .55 | .68 | .76 | ||||
| 12 | .22 | .31 | .50 | .64 | .74 | |||||
| 13 | .20 | .26 | .45 | .60 | .71 | |||||
| 14 | .23 | .40 | .56 | .68 | ||||||
| 15 | .21 | .35 | .52 | .65 | ||||||
| 16 | .20 | .31 | .48 | .61 | ||||||
| 17 | .27 | .44 | .58 | |||||||
| 18 | .24 | .39 | .54 | |||||||
| 19 | .22 | .34 | .51 | |||||||
| 20 | .21 | .30 | .47 | |||||||
| 21 | .20 | .28 | .44 | |||||||
| 22 | .26 | .40 | ||||||||
| 23 | .24 | .37 | ||||||||
| 24 | .20 | .34 | ||||||||
| 25 | .20 | .31 | ||||||||
| 26 | .20 | .28 | ||||||||
| 27 | .26 | |||||||||
| 28 | .23 | |||||||||
| 29 | .21 | |||||||||
| 30 | .20 | |||||||||
| 31 | .20 |
D. Composite Multipliers 2026 (2027 Orleans Parish)
1. Data sources for tables are:
| Table 2503.D Composite Multipliers 2026 (2027 Orleans Parish) | ||||||||||
| Age | 3 Yr | 5 Yr | 6 Yr | 8 Yr | 10 Yr | 12 Yr | 15 Yr | 20 Yr | 25 Yr | 30 Yr |
| 1 | .68 | .83 | .85 | .88 | .90 | .92 | .93 | .95 | .96 | .96 |
| 2 | .49 | .70 | .74 | .80 | .85 | .88 | .91 | .94 | .96 | .98 |
| 3 | .35 | .53 | .58 | .69 | .78 | .82 | .87 | .92 | .95 | .97 |
| 4 | .17 | .35 | .43 | .56 | .70 | .76 | .82 | .90 | .94 | .97 |
| 5 | .28 | .37 | .53 | .71 | .81 | .89 | 1.00 | 1.06 | 1.11 | |
| 6 | .24 | .25 | .44 | .65 | .77 | .90 | 1.04 | 1.12 | 1.18 | |
| 7 | .24 | .35 | .52 | .67 | .83 | .99 | 1.08 | 1.15 | ||
| 8 | .30 | .42 | .60 | .76 | .97 | 1.08 | 1.16 | |||
| 9 | .29 | .34 | .52 | .70 | .93 | 1.07 | 1.18 | |||
| 10 | .31 | .42 | .63 | .88 | 1.04 | 1.15 | ||||
| 11 | .29 | .35 | .54 | .80 | .99 | 1.10 | ||||
| 12 | .32 | .45 | .73 | .94 | 1.08 | |||||
| 13 | .30 | .39 | .67 | .89 | 1.05 | |||||
| 14 | .34 | .60 | .84 | 1.02 | ||||||
| 15 | .32 | .54 | .80 | 1.00 | ||||||
| 16 | .32 | .49 | .76 | .97 | ||||||
| 17 | .42 | .69 | .91 | |||||||
| 18 | .39 | .63 | .87 | |||||||
| 19 | .37 | .57 | .86 | |||||||
| 20 | .37 | .53 | .83 | |||||||
| 21 | .37 | .52 | .82 | |||||||
| 22 | .52 | .80 | ||||||||
| 23 | .50 | .76 | ||||||||
| 24 | .42 | .71 | ||||||||
| 25 | .42 | .65 | ||||||||
| 26 | .43 | .60 | ||||||||
| 27 | .56 | |||||||||
| 28 | .50 | |||||||||
| 29 | .46 | |||||||||
| 30 | .45 | |||||||||
| 31 | .45 |
E. Values for Carbon Sequestration Wells and Related Wells*
| Table 2503.E Values for Carbon Sequestration Wells and Related Wells* | ||
| Location | Average Depth (feet) | Value Per Foot ($) |
| Onshore | 1 - 1,499 | 0.50 |
| Onshore | 1,500 - 2,499 | 0.75 |
| Onshore | 2,500 - 9,999 | 1.00 |
| Onshore | 10,000 - or greater | 1.50 |
| Offshore | All Depths | 2.00 |
*Applicable to carbon sequestration wells, monitoring wells, and related service* wells.
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:1837 and R.S. 47:2323
HISTORICAL NOTE: Promulgated by the Department of Revenue and Taxation, Tax Commission, LR 8:102 (February 1982), amended LR 9:69 (February 1983), LR 10:944 (November 1984), LR 12:36 (January 1986), LR 13:188 (March 1987), LR 13:764 (December 1987), LR 14:872 (December 1988), LR 15:1097 (December 1989), LR 16:1063 (December 1990), LR 17:1213 (December 1991), LR 19:212 (February 1993), LR 20:198 (February 1994), LR 21:186 (February 1995), LR 22:117 (February 1996), LR 23:207 (February 1997), amended by the Department of Revenue, Tax Commission, LR 24:490 (March 1998), LR 25:317 (February 1999), LR 26:509 (March 2000), LR 27:427 (March 2001), LR 28:520 (March 2002), LR 29:370 (March 2003), LR 30:489 (March 2004), LR 31:719 (March 2005), LR 32:433 (March 2006), LR 33:496 (March 2007), LR 34:686 (April 2008), LR 35:500 (March 2009), LR 36:780 (April 2010), amended by the Office of the Governor, Division of Administration, Tax Commission, LR 37:1402 (May 2011), LR 38:810 (March 2012), LR 39:497 (March 2013), LR 40:538 (March 2014), LR 41:681 (April 2015), LR 42:750 (May 2016), LR 43:656 (April 2017), LR 44:584 (March 2018), repromulgated LR 44:918 (May 2018), LR 45:538 (April 2019), LR 46:564 (April 2020), LR 47:470 (April 2021), LR 48:1528 (June 2022), LR 49:1061 (June 2023), LR 50:372 (March 2024), LR 51:394 (March 2025), LR 52:972 (June 2026).