2008
Valuation Schedules
Class
5 – Furniture & Trade Fixtures
Examples of
Class 5 Property Include:
| Furniture
|
Auditorium
and Theater Seats |
| Bars
& Sinks |
Buildings,
Mobile Type |
| Booths,
Tables & Chairs |
Musical
Instruments |
| Beauty/Barber
Shop Fixtures |
Movable
Partitions |
| Cabinets
& Shelves |
Stands
|
| Cashier's
Islands |
Motel
/ Hotel Furniture |
| Check
Out Counters |
Signs,
Mechanical & Electrical |
| Displays,
Cases & Racks |
Tanning
Booths |
| Office
Furniture (except Office Mach.) |
Water
Slides |
The
following schedule is recommended for valuing Class 5 property in
the 2008 assessment year:
|
Year of Acquisition |
Percent Good of Acquisition Cost |
| 2007 |
92% |
| 2006 |
87% |
| 2005 |
80% |
| 2004 |
74% |
| 2003 |
62% |
| 2002 |
51% |
| 2001 |
38% |
| 2000 |
26% |
| 1999 and
prior |
13% |
Class 5, Furniture
& Trade Fixtures, is Defined as:
Non-mechanical
furniture and trade fixtures subject to functional obsolesce due
to style and design changes.
|
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