Each year business property statements, which provide a basis for determining property assessments for fixtures and equipment, are mailed by the Assessor's Office to most commercial, industrial and professional firms. Businesses with personal property and fixtures that cost $100,000 or more must file a business property statement annually by April 1. Business inventory is exempt from taxation. Businesses are also subject to property tax, which is billed each October and due by Dec. 10 and April 10.
