How is personal property appraised?

The Assessor is responsible for the valuation of all taxable personal property. To assist the Assessor in this process each individual, partnership, firm, or corporation that has taxable personal property must file a return listing all property in their possession or control by March 15 each year. Oregon law requires that personal property be valued at 100% of its real market value (RMV) and that it be taxed in the county that it was in on January 1.