2009 Valuation Schedules

Class 14 – Motor Homes

Class 14 Property Includes All types of Motor Homes

The following schedule is recommended for valuing Class 14 property in the 2009 assessment year:

Taxable Value for Class 14, Motor Homes

Taxable value is calculated by multiplying the model year percent good factor by cost new.

The following methods are used to determine cost new of Class 14 Motor Homes:

1. documenting the actual cost of the vehicle when purchased new.
2. documenting the manufacturer's suggested retail price from a recognized publication.
3. documenting the actual cost of the vehicle when purchased used and dividing that purchase price by the percent good factor for the applicable model year.

The 2009 Uniform Fee for Class 14 is 1% of taxable value.

*The 2009 model year percent good applies to 2009 models purchased in 2008.

Motor Homes have a residual value of $1000.