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2008 Valuation Schedules

Class 7 – Medical & Dental Equipment

Examples of Class 7 Property Include:

Medical Equipment / Instruments* Microscopes
Dental Equipment / Instruments Sterilizers
Exam Tables & Chairs Optical Equipment
Hospital Equipment Mesoptometers
X-Ray Machines Lensometer

The following schedule is recommended for valuing Class 7 property in the 2008 assessment year:

Year of Acquisition Percent Good of Acquisition Cost
2007 94%
2006 91%
2005 86%
2004 82%
2003 73%
2002 63%
2001 53%
2000 43%
1999 33%
1998 22%
1997 and Prior 11%

Class 7, Medical & Dental Equipment, is Defined as:

Equipment used in medical and dental facilities, subject to a high degree of functional and economic obsolescence due to rapid technological development experienced by the health industry.

*See Class 2 for MRI, Cat Scan and Mammography Equipment.