How is personal property assessed?

Tax assessments on personal property are based on information provided by the taxpayer to the Assessor using prescribed forms. These forms provide a format for providing a description of the personal property, its total cost and year of acquisition. The Assessor uses this information to determine value, taking into consideration the type of property, its cost and age.

Listings are mailed to established personal property accounts the first of each year and must be returned to the Assessor by April 30. Periodically, the state Department of Revenue conducts audits of businesses subject to taxes on personal property. Businesses that do not have a personal property account number assigned to them should contact the Assessor Office. Penalties apply to late submissions or failure to file information with the Assessor office. If you decide to sell or close your business, please contact us.

Show All Answers

1. What does the Assessor do?
2. How are property taxes determined?
3. What types of property are taxed?
4. How is personal property assessed?
5. Can I appeal an assessed value?
6. What exemptions are available for homeowners?
7. How are my tax dollars being used?
8. How often are properties revalued?
9. What is the Current Use Program?
10. What are my rights and responsibilities?