Various by Legal Class; Property is classified according to its use, and each legal class has a statutory assessment ratio. Assessment ratios are the basis for determining assessed valuation. Class One, Class Two and Class Six legal classes and subclasses

No, property is assessed at its full cash value. Any difference in acquisition cost as found on the books and records from that reported will be considered escaped property. Escaped property may include under-reported or unreported property. Escaped property is subject to taxation, interest and applicable penalties for a period of three years from the date the notice of escaped property was mailed by the
Assessor.

Business Property identifies property used for commercial industrial, and agricultural purposes. It includes personal property improvements on possessory rights and certain leasehold improvements. Under Arizona law,all such property is subject to property taxes, except for certain goods and materials considered to be inventory and ultimately held for resale, and certain specified animals.

On or before February 1 of each year, the County Assessor shall mail a form, notice or demand to each person who owns or has charge or control of taxable personal property in the state. Forms may be obtained from the County Assessor in which the property is located.

Certain goods and materials considered to be inventory and ultimately held for resale, and certain specified animals. There is a Statewide Exemption for a total dollar amount of full cash value that may be elected for certain legal classes of property. For 2007 tax year this exemption was $61,142 of full cash value. Each eligible taxpayer is entitled to one statewide exemption and must specify the County in which they want to take the exemption.

August 30th. On or before August 30 of each year, the County Assessor
shall mail a notice of valuation to the owner or the person in possession of personal property. The assessment will include a Limited Primary Value and a Secondary Full Cash Value.

An Owner or the person in possession of the property may file an Appeal 20 days after the date the Notice of Value is delivered by the County Assessor.

20 days after the County Assessor's notice of decision on the Appeal, Owner or person in possession may file an Appeal with the County Board of Equalization or the State Board of Equalization.

March 1st, The second one-half of Taxes on all personal property for the prior year (2006) is due and payable on the first day of March and delinquent if not paid by May 1. October 1 the First one-half of Taxes on all personal property is due and payable on October 1 and becomes delinquenton November 1 if not paid. If the total amount of taxes is $100 or less the entire amount is due.

Three separate distinct jurisdictions for generating tax revenue.The PRIMARY, which includes the County Fund, College Dist, Town and Education Equalization; the SECONDARY, includes Flood Control of the County, Water Conservation. Dist., County library,Healthcare Dist. Bonds (County City School & Community College, and School District Overrides) and finally, any SPECIAL DISTRICT.

Yes. An examination of books, records and property to verify the information provided to the County Assessor for assessment purposes.