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Franklin D. Edmondson, MCR |
Office of the Commissioner
of The Revenue
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| Vehicles: | Autos, trucks, motorcycles and utility trailers are assessed on a prorated basis using the National Automobile Dealers Associations Blue Book (NADA) value at a rate of $5.00 per $100.00. |
| Boats: | Boats are assessed using the ABOS Marine Blue Book low estimated trade-in value at the rate of $0.50 per $100.00. |
| Recreational Vehicles: | Recreational vehicles are assessed using the NADA book of Recreational Vehicle Appraisal Guide at a rate of $1.50 per $100.00. |
| Mobile Homes: | Mobile Homes are assessed using the % of cost at the rate of $1.23 per $100.00. |
| Leases: | Leased personal property, such as cars and trucks, is taxable at the personal property tax rate. |
| Daily Rentals: | There is no personal property owed for daily rentals. |