Personal Property

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