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How does the Assessor arrive at the taxable value for personal property assessments?

arrive assessments assessor Property taxable value
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How does the Assessor arrive at the taxable value for personal property assessments?

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For most property, the Assessor uses the cost reported by the current owner and applies a depreciation/market price factor in order to estimate market value.

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For most property, the Assessor uses the cost reported by the current owner and applies a depreciation/market price factor to arrive at the market value for personal property items.

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For most property, the Assessor uses the cost reported by the current owner and applies a depreciation/market price…

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