Tangible Personal Property Taxes
Tangible personal property is everything other than real estate that has value in and of itself. This ad valorem tax is levied against the equipment, furniture, and supplies of a business, or attachments to a mobile home that is on rental property.
Using these values, and allowing for exemptions, the tax roll is completed by the Property Appraiser. The tax roll is then certified to the Tax Collector. From this information, the Tax Collector prints and mails the tax notice to the owner’s last recorded address as it appears on the tax roll. Ad valorem taxes on tangible personal property are collected on an annual basis. Collection of the tangible personal property taxes begins November 1st for the tax year January through December. The office of the Property Appraiser establishes the value of the property and the Board of County Commissioners and other taxing authorities set the respective millage rates.
IT IS THE RESPONSIBILITY OF EACH PROPERTY OWNER TO SEE THAT THEIR TAXES ARE PAID, AND THAT THEY DO INDEED RECEIVE A TAX BILL.
- 4% by November 30th
- 3% by December 31st
- 2% by January 31st
- 1% by February 29th
- Gross amount by March 31st
Taxes become delinquent on April 1st of each year, at which time additional penalties, collection fees, and all other costs apply.
Any changes to the tax roll (name, address, location, assessed value) must be processed through the Property Appraiser’s Office, (352) 253-2150.