Daniel Sanborn, City Assessor
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HOME > DEPARTMENTS > TAX ASSESSOR
Assessing personal property
At the beginning of every year, the City of Saco Assessor's Office mails out a declaration letter and form to all business taxpayers. Businesses are requested to provide the Assessor with a true and perfect inventory list of all personal property which was in the possession of the business as of April 1st of that year. For your convenience, the personal property declaration letter and form are available to download in pdf form from our webpage. The deadline to file a personal property list is May 1st of each year.
What is personal property? Personal property includes but is not limited to the following categories:
- Furniture & Fixtures: Office furnishings such as desks, chairs, bookcases, file cabinets, tables, and sofas. This category also includes fixtures specific to a business that may be attached to the real estate, but is generally removed when the business relocates.
- Machinery & Equipment: Presses, tools, machining equipment, garage equipment, heavy-duty shelving and other machinery or manufacturing equipment, telephone equipment, vending machines, televisions, amusement apparatuses, typewriters, calculators, fax machines, copiers and other office items of this type, cargo trailers and any self propelled machinery that is not subject to excise tax.
- Computer Equipment: CPUs, monitors, servers, network wiring, printers and other computer equipment.
- Signs: Any advertisement sign which requires a City permit to display.
- Park Models: Per Maine State Law, municipalities are allowed to tax (park model/camper trailers) which are housed year round within a Maine campground as personal property. A personal property tax will be assessed to all park model campers located in a Saco campground unless the park model owner is able to provide the Assessor with proof of payment for that an excise tax has already been paid in full for this tax year. All information regarding park model campers are originally provided to the AssessorŐs Office directly from the Campgrounds.
The State of Maine provides two separate programs to business taxpayer's reference to personal property. Those programs are:
- BETE (Exemption) Program: Business Equipment Tax Exemption Program
- BETR (Reimbursement) Program: Business Equipment Tax Reimbursement Program
For more information regarding these programs, you may download the BETE & BETR program info, or you can visit the State of Maine website at www.maine.gov/revenue.
For your convenience, we have provided links to related documents below:
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