Assessment Date: Jan. 1 of the current year for personal property and Jan. 1 of the prior year for real estate.
Personal Property Assessment Ratio: 25%
Real Estate Assessment Ratio: 25%; Land Only: 16%
Personal Property Return Deadline: April 1
Exemptions: Inventory, Leased Equipment, Vehicles
Real Estate Return Deadline: Not Required
Requirements: Not Applicable
Appeal Period: March 1 through May 1
Appeal Deadline: Within 60 days of notice date
The state does not audit personal property.
Personal Property Due Date: Nov. 1 of the current year & May 1 of the following year
Number of Payments: One
Real Estate Due Date: Nov. 1 of the current year & May 1 of the following year
Number of Payments: Two
Period Covered: Jan. 1 through Dec. 31 of the current year