Lincoln County Assessor Kevin Bishop has mailed out the 2013 Personal Property Assessment Forms the first week of January 2013.
All residents/business owners within the county will receive a form if they were listed in the 2012 Personal Property tax assessment rolls. If you resided in or had a business within Lincoln County on Jan. 1, 2013 and owned personal property of any kind you are advised to list that property on the form and return to Bishop’s office by March 1, 2013.
The new assessment forms will list property owned on Jan. 1 of last year, if any of those items listed were taken off for Jan. 1, 2013 – please cross through the item. Any new items that were owned on January 1, 2013 will need to be listed on the back of the form. Pay close attention to the detail printed on the assessment form, it has been modified a little from the prior year. Please read the instructions on the form for any further help you may need. Do not list the same items pre-printed on the form again, this will cause a double assessment for those items and cause an error on the tax statement later in the year. There is a misconception out there that if nothing has changed from the prior year, the assessment list doesn’t need to be returned – we do not assume to know whether any changes have or have not been made, so to avoid any errors – return the assessment notice with the correct information. Many people assume that trailers do not need to be added to assessment lists since their tags are based on a three year plate, if a trailer was owned on Jan. 1, 2013 – it will need to be assessed every year, not just on the third year.
It is very important to return your list by the March 1, 2013 due date. If it is returned late it will be subject to late penalties. The late penalties range from $10 to $100 based on overall total assessed value on the property. Missouri State Statute 137.280 gives the Assessor very little discretion to waive the penalties on the assessment not being filed on time.
Bishop advises that the best way to avoid returning the assessment form late and avoid penalty is to fill it out, sign it, and return it the same day or shortly after you receive it. Please be accurate with filling out the assessment, ALL property you owned or had titled in your name(s) on the 1st day of January, should be listed on the form.
If you are a new resident to the county and resided here Jan. 1, 2013 and have not received a Personal Property Assessment form, please contact the Personal Property office at (636) 528-6300. New residents may have to show proof of residency and a prior paid personal property receipt to be added to the 2013 Personal Assessment rolls. If you lived out of Lincoln County Jan. 1, 2013, you will need to contact the county in which you resided as of that day. Bishop’s office doesn’t accurately know when residents move in or out of the county, so there is a responsibility by the taxpayer(s) to make sure their assessments are filed on time.
The forms can be mailed back to the Lincoln County Assessors Office, 201 Main Street, Troy, Mo., 63379 or can be dropped off at the Personal Property office, Room 108, First floor of the Lincoln County Courthouse in Troy. There is also a secure drop box that is checked daily at the rear of the Courthouse.
You can also use the internet to verify whether or not the Assessors Office has received the new 2013 assessment notice – website address: www.lincoln.missouriassessors.com
If your account shows an INACTIVE status for the current assessment year – the office has not received the 2013 notice; if it shows ACTIVE RETURNED or ACTIVE COMPLETED your assessment notice has been received.
Remember it is in your best interest to fill out and sign the form and return back to the Assessors Office as soon as possible to avoid late penalties, says Bishop.