2009
Valuation Schedules
Class
3 – Short Life Trade Fixtures
Examples of
Class 3 Property Include:
| Alarm
Systems |
Photo
Processing Equip. & Cameras |
| Automotive
Emission Testing Equip. |
Pneumatic
Tube Systems (Banks) |
| Bank
ATM Machines |
"Rent-to-Own"
Merchandise |
| Cash
Registers |
Reservation
Terminals |
| Cameras
& Photo Processing Equip. |
Small
Equipment Rentals |
| Drive-up
Windows (Banks) |
Shopping
Carts |
| Fax
Machines |
Telephone
Equipment & Systems |
| Microwave
Communications Equip. |
Television
Cameras |
| Music,
Stereo and Sound Systems |
Vending
Machines |
| Office
Machines |
Video
Game Machines |
The
following schedule is recommended for valuing Class 3 property in
the 2009 assessment year:
|
Year of Acquisition |
Percent Good of Acquisition Cost |
| 2008 |
86% |
| 2007 |
71% |
| 2006 |
56% |
| 2005 |
39% |
| 2004 and
prior |
21% |
Class
3, Short Life Trade Fixtures, are Defined as:
Trade
fixtures such as electronic equipment and office machines subject
to rapid functional, economic obsolescence or severe wear and tear.
Refer to Class
12 for computer and data processing equipment.
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