Personal Property
Kansas law states that all real property and personal property in this state, not expressly exempt, is subject to taxation. All tangible personal property owned as of January 1st must be listed in the name of the owner, with the County Appraiser each year for taxation purposes. The statutory definition of personal property is "...every tangible which is the subject of ownership, not forming part or parcel of real property."
Personal Property Classification & Assessment
Class/Subclass | Property Type | Assessment % |
|---|---|---|
2.01 | Mobile & Manufactured Homes | 11.5 % |
2.02 | Mineral Leasehold Interests | 30% |
2.03 | Public Utilities | 33% |
2.4A | Highway & Non-Highway Motor Vehicles | 30% |
2.4B | 16M & 20M Motor Vehicles | 20% |
2.5 | Commercial/Industrial Machinery & Equipment | 25% |
2.6A | Other Non-Comm | 30% |
2.6B | Marine Equipment | 30% |
2.6C | Other Comm | 30% |
| Watercraft | 5% |
Late filing penalties 5%-25% if within one year following the March 15th filing deadling. Failure to file penalty is 50%.
Date Rendition Filed | Penalty |
|---|---|
March 16th-April 15th | 5% |
April 16th-May 15th | 10% |
May 16th-June 15th | 15% |
June 16th-July 15th | 20% |
July 16th-March 14th | 25% |