New Business Owner

Each year Property Statement Notices, which provide a basis for determining property assessments for fixtures and equipment, are mailed by the Assessor to most commercial, industrial, agricultural, and professional firms.

Business owners with personal property equipment that cost $100,000 or more, or if the Assessor requests a statement regardless of cost, must file a signed Property Statement each year by April 1st.

If your property statement is post-marked after May 7th you will be subject to a late filing penalty. If this date falls on a weekend or legal holiday, the property statement may be mailed and postmarked on the next business day. Failure to file the property statement will lead to an arbitrary assessment plus 10% penalty.

Business Personal Property includes all property except inventory items held for sale or lease and real estate owned and/or used by a business.