Motor Vehicles
Property taxes are based on a RVs......
Age and Curb weight
How many are there?
6
Mobile/manufactured homes are valued at ( ) and assessed at ( )
Market value, 11.5%
every tangible thing not forming part or parcel to real property
Personal Property
what are some properties that can be listed as Other
camping trailer
tiny homes
Machinery and equipment not being used
Tax when Tagged
Oil and Gas renditions must be filled when?
April 1
what penalty is applied if filled after current year March 15 and before new year March 15
2%-10%
property owners are required to list any changes when
March 15
who grants aircraft exemptions
BOTA
what are the min tax values for 16/20
$24-1981 and newer
$12-1980 and older
what is not a subclass
Watercraft
Tax roll vehicles are valued at ( ) and assessed at ( )
Market Value, 30%
escaped taxation may be added to the tax roll for what years
current and 2 prior
how is watercraft tax calculated
county average tax rate from the prior year
what are some characteristics you can learn from the VIN
year, make, model, trim, engine,ect
CIME is only taxable with what 2 requirements
Acquired prior June30, 2006 and RCWN is more then $1,500
what is the penalty for escaped taxation
12.5%
as a general rule where must property be listed
taxing district when its located January 1
what watercraft can be prorated
boat, motors, and boat trailers
what do Tax roll and 16/20 have in common
billing procedures, appraisal deadline and proration rules
when calculating the appraised value of property in CIME what rules must be followed?
Straight line depreciation
value cant be less the 20%
depreciated over no more then 7 years
mineral leasehold interested is assessed at ( ) and ( )
30%/25%
Machinery and equipment appraised value cannot.......
cannot be adjusted if less than average condition
exempting farm machinery and equipment it must be ( ) and ( )
actually and regularly