Commercial Personal Property Assessment Form Arkansas (Page 3 of 4) in pdf

Commercial Personal Property Assessment Form Arkansas Page 3

COMMERCIAL PERSONAL PROPERTY FORM

INVENTORY: Please list below the average prior year value of inventory owned by your business, including floor-planned goods and

those consigned from outside Arkansas.

MANUFACTURERS ONLY:

Owner’s Value

ASSESSOR’S ASSESSED VALUE:

1. Last year’s average raw materials:

2. Last year’s average work in progress:

3. Last year’s average finished goods held for sale:

4. Last year’s average marketable by-products:

5. Last year’s average supplies, packaging, etc.:

6. TOTAL AVERAGE INVENTORY (1 + 2 + 3 + 4 + 5):

MERCHANTS ONLY:

1. Last year’s average goods held for sale::

2. Last year’s average supplies, packaging, etc.:

3. TOTAL AVERAGE INVENTORY (1 + 2):

4. OPTIONAL --- Last year’s annual gross sales:

MISCELLANEOUS: Please list below any other tangible personal property belonging to your business but not already included in your

assessment, such as tools, dies, etc., including any item with a book value of zero.

Estimated Useful

Value Per

FOR ASSESSOR USE ONLY

Quantity

Item

Date of Purchase

Purchase Price

Life

Owner

REL%

Market Value

LEASED PERSONAL PROPERTY: Please list below any leased item in your possession. This is to ensure the property is assessed to the

proper owner and NOT TO YOUR BUSINESS. You may wish to attach a separate list or a copy of your lease.

Item

Year and Model

Estimated Useful Life

Date of Lease

Length of Lease

Owner Name and Address

Commercial Personal Property Assessment Form Arkansas Page 3