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