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Personal Property
Assessment lists received after the March 1st date are subject to penalties by law.
Personal Property lists should indicate the property that was owned on January 1st of each year, including all such property purchased on that day.
(RSMo 137.080 & 137.115)
Additionally, pollution control equipment and certain specific other equipment in enterprise zones are assessed at 25% of Market Value (RSMo 137.115)
In Cole County, your personal property assessment list is mailed with your tax bill in November. We ask that you hold the form and not turn it in until after January 1. This system allows us to save taxpayer dollars on mailing costs.
Personal Property Assessment lists are due by March 1st of every year. Assessment lists received after the March 1st date are subject to penalties by law.
Personal Property Lists
Personal Property lists should indicate the property that was owned on January 1st of each year, including all such property purchased on that day.
Seven Classifications of Personal Property
(RSMo 137.080 & 137.115)
Class | Assessment Rate |
---|---|
Class I : Grain (Crops) |
1/2 of 1% of Market Value |
Class II : Livestock |
12% of Market Value |
Class III : Farm Machinery |
12% of Market Value |
Class IV : Vehicles |
33 and 1/3% of Market Value |
Class V: Manufactured Housing |
19% of Market Value |
Class VI : Historic Vehicles |
5% of Market Value |
Class VII : All Other Property |
33 and 1/3% of Market Value |
Additionally, pollution control equipment and certain specific other equipment in enterprise zones are assessed at 25% of Market Value (RSMo 137.115)
Personal Property Assessment
In Cole County, your personal property assessment list is mailed with your tax bill in November. We ask that you hold the form and not turn it in until after January 1. This system allows us to save taxpayer dollars on mailing costs.
Personal Property Assessment lists are due by March 1st of every year. Assessment lists received after the March 1st date are subject to penalties by law.
Penalty List
Assessed Value |
Penalty | Assessed Value |
Penalty |
---|---|---|---|
0 - 1000 |
$15 | 5001 - 6000 |
$65 |
1001 - 2000 |
$25 | 6001 - 7000 |
$75 |
2001 - 3000 |
$35 | 7001 - 8000 |
$85 |
3001 - 4000 |
$45 | 8001 - 9000 |
$95 |
4001 - 5000 |
$55 | 9001 - Above |
$105 |
-
Christopher Estes
County AssessorPhone: 573-634-9131