How is personal property classified and assess in Kansas?

Article, 11, Section 1 of The Kansas Constitution provides that "tangible personal property shall be classified into six subclasses and assessed uniformly by subclass at the following assessment percentages":

Subclass
Assessment Percentage
Additional Details
(1) Mobile homes used for residential purposes


(2) Mineral leasehold interests except oil leasehold interests the average daily production from which is five barrels or less, and natural gas leasehold interests the average daily from which is 10 mcf or less, which shall be assessed at 25%
30%Beyond the scope of this publication. Contact the County Appraiser’s Office for more information.
(3) Public utility tangible personal property including inventories thereof, except railroad personal property, including inventories thereof, which shall be assessed at the average rate all other commercial and industrial property is assessed
33%State-assessed and beyond the scope of this publication. Information in this publication does not apply to state-assessed property.
(4) All categories of motor vehicles not defined and specifically valued and taxed pursuant to law enacted prior to 1985
30%This classification is only applicable to non-highway titled motor vehicles and motor vehicles operated over 20,000 pounds on public roads. Motor vehicles operated under 20,000 pounds on public roads and "recreational vehicles" are appraised, assessed and taxed pursuant to statute (KSA 79-5l00 series).  
(5) Commercial and industrial machinery and equipment which, if its economic life is seven years or more, shall be valued at its retail cost when new less seven-year straight-line depreciation, or which, if its economic life is less than seven years, shall be valued at its retail cost when new less straight-line depreciation over its economic life, except that, the value so obtained for such property, notwithstanding its economic life and as long as such property is being used, shall not be less than 20% of the retail cost when new of such property
25%NA
(6) All other tangible personal property not otherwise specifically classified
30%NA


The same information applies to mobile homes as mobile homes are considered real property.

Show All Answers

1. What is personal property?
2. What personal property is taxable?
3. Who must report?
4. What is to be reported?
5. How is personal property classified and assess in Kansas?
6. Who must sign the personal property rendition?
7. When and where does a taxpayer file a rendition?
8. What penalties apply to personal property?
9. How are motor vehicles appraised?
10. How are recreational vehicles (RVs) taxed?
11. What is commercial and industrial machinery and equipment?