Kenai Peninsula Borough

2005 PERSONAL PROPERTY STATEMENT

THIS IS NOT A BILL FILING DUE DATE: FEBRUARY 15, 2005

144 N. Binkley Street, Soldotna AK 99611

PHONE (907) 262-4441 Ext. 230 FAX (907) 262-8633

TOLL FREE within the Borough 1-800-478-4441 Ext. 230

NAME ____________________________________ ACCOUNT # __________

ATTN: ____________________________________

ADDRESS ____________________________________

CITY ST ZIP ____________________________________

INSTRUCTIONS FOR PERSONAL PROPERTY STATEMENT

THIS RETURN IS SUBJECT TO AUDIT

COMPLETE A SEPARATE RETURN FOR EACH LOCATION OR OWNER, RETURN BY FEBRUARY 15^TH

1. All items owned or otherwise controlled by the taxpayer on January 1 of the current assessment year shall be listed. List all boats and aircraft that are normally kept within the Kenai Peninsula Borough, even though they may be temporarily out of the borough on January 1. DO NOT LIST automobiles, snowmobiles, or household equipment.

2. BUSINESS PROPERTY - property that is used in the operation of a business and/or owned by a business should be filed on a Business Property Form.

3. CHANGES IN OWNERSHIP - Persons making return shall submit to the assessor a bill of sale or written statement providing the buyers name, address, date of sale and sale price, for any personal property that has been sold or otherwise conveyed during the previous year. This information is required to release the previous owner from tax liability.

PLEASE NOTE: THE KENAI PENINSULA BOROUGH DOES NOT PRO-RATE TAXES. IF YOU HAVE SOLD PROPERTY AFTER JANUARY 1, YOU WILL OWE THE TAX FOR THAT ENTIRE YEAR.

4. DESTROYED VESSELS - In order to remove the vessel flat tax, boat owners must provide proof of surrender of numbers from the issuing authority (Alaska DMV or National Vessel Documentation Center).

5. DESTROYED AIRCRAFT - In order to remove the Aircraft flat tax, Aircraft owner must complete the "Aircraft Statement of Condition" form and submit it to the Assessors Office with the required supporting documentation.

6. SIGN AND RETURN - Each page must be signed and returned by February 15 of each year.

VALUATION - property not otherwise subject to flat tax will be assessed at its full and true market value.

FLAT TAX - Vessels having been issued an AK#, ADFG#, Document or Official Number are subject to the following flat tax schedule, regardless of value. Boats kept within the boundaries of an incorporated city are ALSO subject to a city ad valorem tax (based on value) or the city's flat tax schedule.

Flat Tax - Aircraft that have been issued an N number by the Federal Aviation Administration (FAA) by January 1,

of the tax year shall be exempted from ad valorem taxes and shall be taxed in accordance with the following flat tax schedule. Aircraft located within the boundaries of an incorporated city are ALSO subject to a city ad valorem tax (based on value) or the city's flat tax schedule.

Exhibit A to Resolution 2004-__

NAME ____________________________________ ACCOUNT # __________

ATTN: ____________________________________

ADDRESS ____________________________________

CITY ST ZIP ____________________________________

Below is a listing of the taxable personal property on file as being owned by you and located within the Kenai Peninsula Borough, in Tax Code Area __________________. Please review the information for accuracy, note any corrections, and list the location each item is normally kept. Mark out any items that have been sold or destroyed prior to January 1, 2005 and attach supporting documentation. A valid filing requires your signature and date. This completed/ signed form must be received in our office (or postmarked) by February 15, 2005, in order to avoid late or non-filing penalties.

NOTE: Property kept in different taxing jurisdictions will be listed on a separate account.

BOATS

WARNING: If you fail to return this statement, the items listed will be assessed to you with penalty for non-filing.

I declare ownership or control of the taxable personal property detailed on this statement, as of January 1, 2005. I am aware that failure to properly list my assets and file by the deadline may subject me to penalties as provided for in State Law.

_________________________ __________________________________ __________________

PRINTED NAME (required) SIGNATURE (required) DATE (required)

_________________________ __________________________________ __________________

DAYTIME PHONE NUMBER CELL PHONE NUMBER EMAIL ADDRESS

THIS IS NOT A BILL

Exhibit A to Resolutin 2004-___

NAME ____________________________________ ACCOUNT # __________

ATTN: ____________________________________

ADDRESS ____________________________________

CITY ST ZIP ____________________________________

Below is a listing of the taxable personal property on file as being owned by you and located within the Kenai Peninsula Borough, in Tax Code Area __________________. Please review the information for accuracy, note any corrections, and list the location each item is normally kept. Mark out any items that have been sold or destroyed prior to January 1, 2005 and attach supporting documentation. A valid filing requires your signature and date. This completed/ signed form must be received in our office (or postmarked) by February 15, 2005, in order to avoid late or non-filing penalties.

NOTE: Property kept in different taxing jurisdictions will be listed on a separate account.

AIRCRAFT

WARNING: If you fail to return this statement, the items listed will be assessed to you with penalty for non-filing.

I declare ownership or control of the taxable personal property detailed on this statement, as of January 1, 2005. I am aware that failure to properly list my assets and file by the deadline may subject me to penalties as provided for in State Law.

_________________________ __________________________________ __________________

PRINTED NAME (required) SIGNATURE (required) DATE (required)

_________________________ __________________________________ __________________

DAYTIME PHONE NUMBER CELL PHONE NUMBER EMAIL ADDRESS

THIS IS NOT A BILL

Exhibit A to Resolution 2004-___