Tangible Personal Property

Tangible Personal Property tax is an ad valorem assessment against the furniture, fixtures and equipment located in businesses and rental property. It also applies to mobile homes not taxed as real property, if the mobile home does not have a current registration decal properly affixed, and to structural additions to mobile homes.

Assessments are as of January 1 of the current calendar year and are due November 1 or as soon after as the tax roll is certified to the Tax Collector by the Property Appraiser.

Taxes become delinquent April 1 of the next year, at which time 1.5% interest a month is added. Within 45 days after delinquency, the property is advertised in a local newspaper, and advertising costs are added.

Tax warrants are issued June 1 on all unpaid tangible personal property taxes. Within 30 days, the Tax Collector applies to the Circuit Court for an order directing levy and seizure of the property for the amount of unpaid taxes and costs.

Even though the Tax Collector is responsible for collecting tangible personal property tax, changes to that tax roll are processed through the Property Appraiser. (E.g. name, address, location, and assessed value.)

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