Personal property assessment forms are due March 1 each year and are used to establish personal property values for the current tax year. But these forms are just one piece of information the Assessor’s Office uses to ensure all citizens are paying a fair share.
The Assessor’s Office works throughout the year to collect information to set the fair market value on both real estate and personal property. To calculate real estate values, the Office collects sales data, detailed sketch information, parcel maps and property lot lines, and also conducts trend analyses, paired sales analyses, and other real estate value-related functions. Personal property values are gathered from set values from the previous year using the mandated guides as required by state statute. This data is available to the public, both in the Assessor’s office and online.
The assessed values, as determined by the Assessor, then are multiplied by the tax rate set by political subdivisions. This amount is the total listed on your tax bill issued by the Collector of Revenue, which is due each year by Dec. 31.
Learn more about the Assessor’s Office.