
Personal Property Filing Date
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2025 Personal Property assessment forms & postcards to claim your Personal Property have been mailed.
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You may file your assessment online see below (need account# & pin#) or mail in the paper assessment form.
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E-FILE IS OPEN FROM JANUARY 1 THROUGH OCTOBER 31
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If you own a Business and are not receiving an Assessment Form, please contact the office so we can get an account started and answer any questions about the equipment and items that are to be reported.
These are due by March 1st to avoid a penalty.
Notices received after March 1st are subject to penalties set forth by MO State Statute 137.280.
IMPORTANT: If you have not received an assessment form and owned any personal property as of January 1st, please notify our office.
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Personal property is assessed each year and includes cars, trucks, buses, motorcycles, motor homes, boats, motors, campers, trailers, historic vehicles, airplanes, ATVs, UTVs, Mobile Homes not attached to owners land, heavy equipment, farm machinery and livestock. Vehicle values are predominantly from the N.A.D.A. vehicle value guides, per statute, and other valuation guides and/or market data for other types of personal property. Business equipment is generally valued based on cost/depreciation tables as applied to acquisition cost(s) of equipment, supplemented with market data where available. If you own a business, you need to file your equipment, tools, computers, furniture, fixtures, office machines, etc. as well as any of the previously listed items from the regular form.
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Once Value has been determined, the assessor calculates a percentage of that value to arrive at assessed value. The percentage is based on the classification, determined by the type of property or how it is used.
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Historic Autos at 5%
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Farm Equipment at 12%
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Livestock at 12%
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Grain at 0.05%
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Cars, Boats, Other at 33.3%
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Mobile Homes at 19%
As an example, an automobile with a market value of $12,000 would be assessed at 33 1/3% or $4,000.
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The assessor sends out approximately 45,000 personal and 3500 business assessment forms in the second week of January each year. If you live in Franklin County as of January 1st of that year, you must file with the assessors office. It is your responsibility to send a completed form to the assessor by March 1, listing all the taxable personal property you owned January 1. As a courtesy, a second notice is typically mailed in mid March. The penalty for returning a late form ranges from $15 up to $105, depending on the amount of valuation involved. The assessor may contact you to follow up if the form is not complete.
Property taxes are due on property owned, or under your control, as of January 1. If you did not own a vehicle on January 1, then no personal property taxes will be due. If you purchase a vehicle after January 1, no taxes will be due on it in the year of purchase. You will need to contact the collector and request a statement of non-assessment. If you traded or owned other vehicles on January 1 they will be assessed and liable for taxes for the year.
Military personnel whose Home of Record is Missouri must file in the county where they entered the service regardless of the location of the property, as per Federal Law 50 USC 571. Military personnel whose Home of Record is NOT Missouri are nontaxable.
