Personal/Business Property

Business Equipment

Unlike real property, personal property used in conjunction with a business is appraised annually at its current market value. Business inventory and licensed vehicles are exempt from local property tax. All businesses must file an annual Business Property Statement with the Assessor, listing the costs of supplies, equipment, and fixtures at each business location on January 1. If you do not receive a statement by March 1, please call 209-533-5535.

Boats & Aircraft

Boats and aircraft are subject to local property tax and are appraised annually at their current market value. Market value is determined by reviewing their purchase price, sales of comparable boats or aircraft, published valuation guides, and other market data. Some older aircraft may be eligible for an historic aircraft exemption. For more information about boat and aircraft assessments, please call 209-533-5535.

Per the State (LTA 2022/002), vessel values have increased due to ‘COVID-19 pandemic, where the popularity of outdoor boating activities has increased substantially and a decrease in production has caused the demand for vessels to exceed the supply.’ 

 Personal/Business Property Forms

Business Property Forms

  1. Business Property Statement w/Supplement Schedule (PDF)
  2. Business Property Statement w/Alternate Schedule for Banks (PDF)
  3. Agricultural Property Statement (PDF)
  4. Apartment House Property Statement (PDF)
  5. INFORMATION FOR BUSINESSES (PDF)
  6. Business Agent Authorization (PDF)

Vessel Forms

  1. Vessel Property Statement (PDF)

Aircraft Forms

  1. Aircraft Property Statement (PDF)
  2. Historical Aircraft Exemption (PDF)