“Taxable value” means:
1. The value of property of an interstate or intercounty nature determined in the manner provided in NRS 361.320 or 361.323.
2. The value of all other property determined in the manner provided in NRS 361.227.
(Added to NRS by 1981, 787; A 1983, 548; 1985, 1182; 1999, 1269)