Personal Property Declaration Schedules are due April 15
Phillips County Assessor Doug Kamery reminds all persons, businesses and companies that own, possess or control taxable personal property (furnishings, equipment and other movable personal property) that the deadline for filing a Personal Property Declaration Schedule is Saturday, April 15.
All persons who own, possess or control taxable personal property with a total actual value greater than $7,400 per owner, per county, are required to report the personal property to the county assessor.
Failure to declare personal property each year by the deadline will result in the assessor valuing the property using the “best information available” and attaching a penalty to the tax bill.
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