Updated 8/24/2015 

2015

RECOMMENDED PERSONAL PROPERTY

VALUATION SCHEDULES

And Registered Vehicle Uniform Fees

UTAH STATE TAX COMMISSION

PROPERTY TAX DIVISION
And Registered Vehicle Uniform Fees

Table of Contents PAGE

Introduction & Methodology i

Class 1 - Short Life Property 1.

Class 2 - Computer Integrated Machinery 2.

Class 3 - Short Life Equipment 3.

Class 5 - Long Life Trade Fixtures 4.

Class 6 - Heavy and Medium Duty Trucks 5.

Class 7 - Medical & Dental Equipment 6.

Class 8 - Machinery & Equipment 7.

Class 9 - Off-Highway Recreational Vehicles - Age Based Fees 8.

Class 10 - Railroad Cars 9.

Class 11 - Street Motorcycles - Age Based Fees 10.

Class 12 - Computer Hardware 11.

Class 13 - Heavy Equipment 12.

Class 14 - Motor Homes 13.

Class 15 - Semiconductor Manufacturing Equipment 14.

Class 16 - Long Life Property (updated 8/24/2015) 15.

Class 17 - Vessels 31 Feet in Length & Longer 16.

Class 17a - Vessels Less than 31 Feet in Length - Age Based Fees 17.

Class 18 - Travel Trailers - Age Based Fees 18.

Class 18a -Tent Trailers & Truck Campers - Age Based Fees 19.

Table of Contents (continued) PAGE

Class 20 - Petroleum & Natural Gas Exploration and Production Equipment 19.

2015 Recommended Personal Property Valuation Schedules

Property Tax Division

Utah State Tax Commission
And Registered Vehicle Uniform Fees

2015 Recommended Personal Property Valuation Schedules

Property Tax Division

Utah State Tax Commission

Class 21 - Commercial Trailers 20.

Class 21a - Other Trailers (Non-commercial) - Age Based Fees 21.

Class 22 - Passenger Vehicles - Age Based Fees 21.

Class 22a - Small Motor Vehicles - Age Based Fees 21

Class 23 - Aircraft Uniform & Registration Fees 22.

Class 24 - Leasehold Improvements 23.

Class 25 - Aircraft Manufacturing Tools and Dies 24.

Class 26 - Personal Watercraft - Age Based Fees 25.

Class 27 - Electrical Power Generating Equipment and Fixtures 26.

Class 28 - Non Capitalized Personal Property 27.

Other Taxable Personal Property 28.

 Supplies

 Property Leased or Rented from Inventory

Personal Property Exempt From Property Tax 28.

 Merchandise Inventory

 Personal Property Exempt Under Utah Code Ann. Section 59-2-1115

 Farm Machinery and Equipment

 Livestock

 Property Used for Irrigation Purposes

 Household Furnishings

 Motor Vehicles, Vessels and Recreational Vehicles Held in Inventory

Registered Vehicles, Exempt From Property Tax and Subject to Uniform Fees: 29.

Uniform Fee on Registered Aircraft

Uniform Fees on Registered Motor Vehicles, Vessels and Recreational Vehicles

Uniform Age Based Fees on Passenger Vehicles and Other Registered Vehicles

Definitions 29.

Item of Tangible Taxable Personal Property Defined

Acquisition Cost Defined
TABLE 1 updated :

Personal Property Percent Good Valuation Schedules by Class

S C S Y O C

H O S F H M M C H E L A I O L A N

O M H U E E A O E M M O C L M E I O

R P O R A D C R M A O I N H M A R N

T U R N V I H A P V T C G T & E S C

T T I Y C I I U Y O O S R E R C

L E T A N L T R N L G C H A A

I R L U D L E E E D I & A I O F P

F I R U R C R Q H U F S A L T I

E I F E T & Y A U O C E H L D T

N E Y R H I M T O E T A

P T & D & S A P E O P U Q T I O L

R E E T E R M S R R S U R M O I

O G Q F R N E D E O E I A P L Z

P R U I U T Q W N M P B P I R I E

E A I X C A U A T A E O M L O N D

R T P T K L I R N R A E E V G

T E S P E U T T N R E

Y D F Y S T S

YR 1 2 3 5 6 7 8 10 12 13 14 15 16 17 20 21 24 25 28

2015 90% 90% 90% 95%

2014 71% 90% 84% 91% 71% 93% 93% 94% 62% 50% 67% 47% 96% 66% 93% 93% 94% 84% 75%

2013 41% 79% 68% 81% 64% 85% 85% 88% 46% 47% 63% 34% 91% 64% 88% 88% 88% 68% 50%

2012 10% 68% 51% 72% 58% 77% 77% 82% 21% 44% 59% 24% 87% 61% 81% 83% 82% 52% 25%

2011 59% 35% 63% 52% 70% 70% 77% 9% 41% 55% 15% 84% 59% 76% 78% 77% 36% 0%

2010 48% 18% 54% 46% 63% 63% 72% 7% 38% 52% 6% 82% 57% 70% 73% 71% 19%

2009 36% 43% 39% 54% 54% 65% 36% 48% 76% 54% 61% 67% 65% 4%

2008 25% 33% 33% 46% 46% 59% 33% 44% 72% 52% 56% 62% 59%

2007 13% 23% 27% 38% 38% 54% 30% 40% 69% 49% 50% 57% 54%

2006 12% 21% 30% 30% 49% 27% 37% 67% 47% 44% 52% 48%

2005 14% 21% 21% 42% 25% 33% 64% 45% 38% 47% 42%

2004 10% 11% 11% 37% 22% 29% 62% 42% 31% 42% 36%

2003 7% 28% 19% 25% 57% 40% 21% 36% 30%

2002 3% 19% 16% 21% 50% 37% 11% 31%

2001 9% 14% 18% 43% 35% 26%

2000 14% 37% 33% 21%

1999 10% 30% 30% 16%

1998 22% 28%

1997 15% 25%

1996 8% 23%

1995 20%

1994 16%

Utah State Tax Commission

 Property Tax Division

iii

2015

12/5/2014
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 1

 Short Life Property

Examples of Property Include:

Barricades / Warning Signs Library Materials / Books

Patterns, Jigs & Dies Motel & Hotel Linen

Pots & Pans, Utensils Pallets

Canned Computer Software Silverware

Motion Picture Prints Uniforms

The following schedule is recommended for valuing Class 1 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 71%

2013 - 2nd Year 41%

2012 - 3rd Year 10%

 and prior

Class 1, Short Life Property is Defined as:

Short life property which is fungible in that it is difficult to determine which items are retired from service

by age group. Such property is highly susceptible to breakage, loss, rapid wear and tear or subject 

to extreme obsolescence.

Rental Video Tapes & DVD's:

Rental DVD's, video tapes and CD's are to be valued at $15.00 per unit for the first year and $3.00 per 

unit thereafter.

Computer Software Costs:

A Licensee of canned computer software shall use one of the following substitutes for acquisition cost

of the canned computer software if no acquisition cost is stated:

1. the retail price of the canned computer software;

2. If a retail price is unavailable and the license is a non-renewable single year agreement, use the total

 sum of expected payment during that 12-month period; or

3. If the licensing agreement is renewable or is a multiple year agreement, use the present 

 value of all expected licensing fees paid pursuant to the agreement.

1.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

 Class 2

Computer Integrated Machinery

Examples of Property (Which may meet the definition below):

Cat Scanners Computerized Assembly Machinery

Computer Integrated Fabrication Machinery Other Computer Integrated Manufacturing Machinery

Computer Integrated Manufacturing Machinery High Tech Medical & Dental Equipment

Computer Driven Mills Mammography Units

Computerized Machine Lathes MRI Equipment

The following schedule is recommended for valuing Class 2 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 90%

2013 - 2nd Year 79%

2012 - 3rd Year 68%

2011 - 4th Year 59%

2010 - 5th Year 48%

2009 - 6th Year 36%

2008 - 7th Year 25%

2007 - 8th Year 13%

 and prior

Class 2 Computer Integrated Machinery is Defined as:

1. Machinery and computer sold as a single unit. If the machine and computer are purchased as separate

 units, the machine must be valued as Class 8 property and the computer as Class 12 property.

2. Machinery which cannot operate without the computer and the computer cannot perform functions outside the machine. 

3. Machinery able to perform multiple functions and is controlled by a programmable central processing unit.

4. The total cost of the machine and computer combined is depreciated as a unit for income tax purposes.

5. The capabilities of the machine cannot be expanded by substituting a more complex computer for the original.

 

2.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 3

 Short Life Trade Fixtures

Examples of Property Include:

Alarm Systems Photo Processing Equip. & Cameras

Automotive Emissions Testing Equip. Rent-to-Own Merchandise

Auto Engine Analysis Equip. Reservation Terminals

Bank ATM Machines Pneumatic Tube Systems (Banks)

Cash Registers - Manual Small Equipment Rentals

Drive-up Windows (Banks) Shopping Carts

Microwave Communications Equipment Telephone Equipment & Systems

Music, Stereo and Sound Systems Vending Machines

Office Machines Video Game Machines

Satellite/Cable TV Converters

The following schedule is recommended for valuing Class 3 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 84%

2013 - 2nd Year 68%

2012 - 3rd Year 51%

2011 - 4th Year 35%

2010 - 5th Year 18%

 and prior

Class 3, Short Life Trade Fixtures are Defined as:

Trade fixtures such as electronic equipment and office machines subject to rapid functional obsolescence, 

economic obsolescence or severe wear and tear. 

Refer to Class 12 for computer and data processing equipment.

3.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 5

 Long Life Trade Fixtures

Examples of Property Include:

Furniture Buildings, Mobile Type

Bars & Sinks Musical Instruments

Booths, Tables & Chairs Movable Partitions

Beauty / Barber Shop Fixtures Stands

Cabinets & Shelves Motel / Hotel Beds & Furniture

Cashier's Islands Signs, Mechanical & Electrical

Check Out Counters Tanning Booths

Displays, Cases & Racks Water Slides

Office Furniture (except Office Mach.) Above Ground Fiber Optic/Coaxial Cable

Auditorium and Theater Seats Under Ground Coaxial Cable

The following schedule is recommended for valuing Class 5 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 91%

2013 - 2nd Year 81%

2012 - 3rd Year 72%

2011 - 4th Year 63%

2010 - 5th Year 54%

2009 - 6th Year 43%

2008 - 7th Year 33%

2007 - 8th Year 23%

2006 - 9th Year 12%

 and prior

Class 5, Long Life Trade Fixtures are Defined as:

Non mechanical trade fixtures such as furniture and shelving subject to functional obsolescence due to

style and design changes and items subject to light wear and tear. 

4.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 6

Heavy and Medium Duty Trucks

Examples of Property Include:

Heavy Duty Trucks Concrete Pump Trucks

Medium Duty Trucks Trucks with Well Boring Rigs

Crane Vehicles

The following schedule is recommended for valuing Class 6 property for the

2015 assessment year:

Percent Good

Model Year of Cost New

2015 New 90%

2014 - 1st Year 71%

2013 - 2nd Year 64%

2012 - 3rd Year 58%

2011 - 4th Year 52%

2010 - 5th Year 46%

2009 - 6th Year 39%

2008 - 7th Year 33%

2007 - 8th Year 27%

2006 - 9th Year 21%

2005 - 10th Year 14%

2004 - 11th Year 10%

2003 - 12th Year 7%

2002 - 13th Year 3%

 and prior

 Taxable value is calculated by multiplying the model year percent good factor by cost new.

 The following methods are used to determine cost new of Class 6 vehicles (Heavy & Medium Duty Trucks):

a. documenting the actual cost of the the vehicle when purchased new,

b. determining the manufacturer's suggested retail price from a recognized publication then 

 apply 75% to the M.S.R.P.

c. documenting the actual cost used of the vehicle and dividing that purchase price by the percent

 good factor for the applicable model year. 

d. for state assessed vehicles, the value of attached equipment is included.

 The Uniform Fee for Class 6 is 1.5% of taxable value.

 The 2015 model year percent good applies to 2015 models purchased in 2014.

 Heavy and medium duty trucks, have a residual value of $1750. 

5.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 7

Medical & Dental Equipment

Examples of Property Include:

Medical Equipment / Instruments* Microscopes

Dental Equipment / Instruments Sterilizes

Exam Tables & Chairs Optical Equipment

Hospital Equipment Mesoptometers

X-Ray Machines Lensometers

The following schedule is recommended for valuing Class 7 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 93%

2013 - 2nd Year 85%

2012 - 3rd Year 77%

2011 - 4th Year 70%

2010 - 5th Year 63%

2009 - 6th Year 54%

2008 - 7th Year 46%

2007 - 8th Year 38%

2006 - 9th Year 30%

2005 - 10th Year 21%

2004 - 11th Year 11%

 and prior

Class 7, Medical and Dental Equipment is Defined as:

Equipment used in medical and dental facilities and is subject to a high degree of functional and

economic obsolescence due to rapid technological development experienced by the health industry.

*See Class 2 for MRI, Cat Scan and Mammography Units

6.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 8

 Machinery & Equipment

Examples of Property Include:

Manufacturing & Processing Machinery Overhead Cranes

Amusement Rides Incinerators

Auto Service & Repair Equipment Packaging Equipment

Bakery Equipment Stationary Backup Generators

Distillery Equipment Meat Packing Equipment

Fork Lifts (battery & propane powered) Printing Equipment

Laundry & Dry Cleaning Equipment Bottling Equipment

Food Preparation Equipment Cannery Equipment

Golf Carts Ski Lift Machinery

Machine Shop Equipment Wood Milling Equipment

Refrigeration Equipment CATV Connections/Distribution Eq.

CATV Head Ends

The following schedule is recommended for valuing Class 8 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 93%

2013 - 2nd Year 85%

2012 - 3rd Year 77%

2011 - 4th Year 70%

2010 - 5th Year 63%

2009 - 6th Year 54%

2008 - 7th Year 46%

2007 - 8th Year 38%

2006 - 9th Year 30%

2005 - 10th Year 21%

2004 - 11th Year 11%

 and prior

Class 8 Machinery and Equipment is Defined as:

Machinery and equipment used in production or processing industries having an economic life of

12 years or more but subject to functional and economic obsolescence as technologically advanced 

and more efficient machinery becomes available.

The following oil refinery pollution control equipment mandated by the EPA (Clean Air Act) shall receive 

an additional 50% economic obsolescence deduction from the value calculated using Table 8:

VGO (Vacuum Gas Oil) Reactor, HDS (Diesel Hydotreater) Reactor, VGO Compressor, VGO Furnace

VGO & HDS High Pressure Exchangers

7.
 Utah State Tax Commission

2015 Age Based Uniform Fees for

Class 9

 Off-Highway Recreational Vehicles

 Class 9 Property Includes:

All Terrain Off-Highway Vehicles Quadrunners

Dirt & Trail Motorcycles Moto Cross (MX) Motorcycles

Dune Buggies Racing Motorcycles

Enduro Motorcycles Snowmobiles

Other Off-Highway Recreational Vehicles

 Age Based Fees for Class 9 Property:

Uniform State Wide

Age of Off-Highway Vehicle Model Years Age Based Fee

Less than 3 years 2015 - 2013 $45

3 or more years but less than 6 years 2012 - 2010 $35

6 or more years but less than 9 years 2009 - 2007 $30

9 or more years but less than 12 years 2006 - 2004 $20

12 or more years 2003 & Older $10

8.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

 Class 10

 Railroad Cars

Class 10 Property Includes all types of Railroad Cars.

The following schedule is recommended for valuing Class 10 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 94%

2013 - 2nd Year 88%

2012 - 3rd Year 82%

2011 - 4th Year 77%

2010 - 5th Year 72%

2009 - 6th Year 65%

2008 - 7th Year 59%

2007 - 8th Year 54%

2006 - 9th Year 49%

2005 - 10th Year 42%

2004 - 11th Year 37%

2003 - 12th Year 28%

2002 - 13th Year 19%

2001 - 14th Year 9%

 and prior

Class 10, Railroad Cars are Defined as:

All types of railroad cars subject to functional and economic obsolescence due to the developing

technology of the shipping industry. Heavy wear and tear is also a factor in valuing this class 

of property.

9.
 Utah State Tax Commission

Age Based Uniform Fees for

 Class 11

 Street Motorcycles

 Class 11 Property Includes: Street Motorcycles, Scooters and Mopeds 

Age Based Fees for Class 11 Property: 

Uniform State Wide

Age of Street Motorcycles Model Years Age Based Fee

Less Than 3 Years 2015 - 2013 $95

3 or more years but less than 6 Years 2012 - 2010 $70

6 or more years but less than 9 years 2009 - 2007 $50

9 or more years but less than 12 years 2006 - 2004 $35

12 or more years 2003 & Older $10

10.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 12

 Computer Hardware

Examples of Property Include:

Mainframe Computers LAN Systems

Personal Computers Data Processing Equipment

Cad / Cam Systems Data Processing Peripherals

Copiers & Copy, Fax, Scanner, Printer Combination Machines

POS Systems - Non Manual

The following schedule is recommended for valuing Class 12 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 62%

2013 - 2nd Year 46%

2012 - 3rd Year 21%

2011 - 4th Year 9%

2010 - 5th Year 7%

 and prior

Class 12, Computer Hardware is Defined as:

Data processing equipment, main frame computers, LAN systems, personal computers 

and computer peripherals subject to rapid functional and economic obsolescence.

11.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 13

 Heavy Equipment

Examples of Property Include:

Construction Equipment Cranes, Construction

Compaction Equipment Backhoes

Graders Excavators

Batch Plants Loaders

Log Skidders & Loaders Portable Generators

Mining Equipment Pavers

Portable Conveyors Pavement Sweepers

Quarrying Equipment Snow Cats

Scrapers

The following schedule is recommended for valuing Class 13 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 50%

2013 - 2nd Year 47%

2012 - 3rd Year 44%

2011 - 4th Year 41%

2010 - 5th Year 38%

2009 - 6th Year 36%

2008 - 7th Year 33%

2007 - 8th Year 30%

2006 - 9th Year 27%

2005 - 10th Year 25%

2004 - 11th Year 22%

2003 - 12th Year 19%

2002 - 13th Year 16%

2001 - 14th Year 14%

 and prior

 2014 model year equipment purchased in 2014 is valued at 100 percent of acquisition cost.

Class 13, Heavy Equipment is Defined as:

Mobile machinery used in the construction, forestry and quarry industries as well as equipment used

in the processing of construction materials; i.e., cement and asphalt.

12.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

 Class 14

Motor Homes

Class 14 Property Includes all types of Motor Homes

The following schedule is recommended for valuing Class 14 property for the

2015 assessment year:

Percent Good

Model Year of Cost New

2015 New 90%

2014 - 1st Year 67%

2013 - 2nd Year 63%

2012 - 3rd Year 59%

2011 - 4th Year 55%

2010 - 5th Year 52%

2009 - 6th Year 48%

2008 - 7th Year 44%

2007 - 8th Year 40%

2006 - 9th Year 37%

2005 - 10th Year 33%

2004 - 11th Year 29%

2003 - 12th Year 25%

2002 - 13th Year 21%

2001 - 14th Year 18%

2000 - 15th Year 14%

1999 - 16th Year 10%

 and prior

Taxable value is calculated by multiplying the model year percent good factor by the cost new.

The following methods are used to determine cost new of Class 14 Motor Homes:

 a. documenting the actual cost of the the vehicle when purchased new,

 b. documenting the manufacturer's suggested retail price from a recognized publication,

 c. documenting the actual cost of the vehicle used and dividing that purchase price by the percent good 

 factor for the applicable model year. 

 The Uniform Fee for Class 14 is 1% of taxable value.

 The 2015 model year percent good applies to 2015 models purchased in 2014.

 Motor Homes have a residual taxable value of $1000.

13.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 15

 Semiconductor Manufacturing Equipment

Examples of Property Include:

Clean Room Equipment Photo Mask and Wafer Manufacturing Equipment

Crystal Growing Equipment Semiconductor Chemical and Gas Systems

Deionized Water Systems Semiconductor Electrical Systems

Encapsulation Equipment Semiconductor Test Equipment

The following schedule is recommended for valuing Class 15 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 47%

2013 - 2nd Year 34%

2012 - 3rd Year 24%

2011 - 4th Year 15%

2010 - 5th Year 6%

 and prior

Class 15, Semiconductor Manufacturing Equipment is Defined as:

Equipment used exclusively in the production of semiconductor products.

The Semiconductor Manufacturing industry is subject to significant economic and functional 

obsolescence due to rapidly changing technology and economic conditions.

14.
 Utah State Tax Commission updated 8/24/2015

2015 Recommended Personal Property Valuation Schedule for

Class 16

 Long Life Property

Examples of Property Include:

Buried Cable Bulk Storage Tanks, Underground & Surface

Billboards Oil and Gas Gathering Systems

Pipelines Sign Towers

Grain Elevators, Non Farm Ski Lift & Tram Towers

Broadcast and Cell Towers Storage and Shipping Containers

Underground Fiber/Coaxial Cable Truck Scales

Solar Panels/All Electric Generating Eq.

The following schedule is recommended for valuing Class 16 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 96%

2013 - 2nd Year 91%

2012 - 3rd Year 87%

2011 - 4th Year 84%

2010 - 5th Year 82%

2009 - 6th Year 76%

2008 - 7th Year 72%

2007 - 8th Year 69%

2006 - 9th Year 67%

2005 - 10th Year 64%

2004 - 11th Year 62%

2003 - 12th Year 57%

2002 - 13th Year 50%

2001 - 14th Year 43%

2000 - 15th Year 37%

1999 - 16th Year 30%

1998 - 17th Year 22%

1997 - 18th Year 15%

1996 - 19th Year 8%

 and prior

Class 16, Long Life Property is Defined as:

Property having a long physical life, subject to little obsolescence.

15.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 17

 Vessels 31 Feet In Length & Longer

Examples of Property Include:

Yachts Houseboats Sloops

The following schedule is recommended for valuing Class 17 property for the

2015 assessment year:

Percent Good

Model Year of Cost New

2015 New 90%

2014 - 1st Year 66%

2013 - 2nd Year 64%

2012 - 3rd Year 61%

2011 - 4th Year 59%

2010 - 5th Year 57%

2009 - 6th Year 54%

2008 - 7th Year 52%

2007 - 8th Year 49%

2006 - 9th Year 47%

2005 - 10th Year 45%

2004 - 11th Year 42%

2003 - 12th Year 40%

2002 - 13th Year 37%

2001 - 14th Year 35%

2000 - 15th Year 33%

1999 - 16th Year 30%

1998 - 17th Year 28%

1997 - 18th Year 25%

1996 - 19th Year 23%

1995 - 20th Year 20%

1994 - 21st Year 16%

 and prior

Taxable value is calculated by multiplying the model year percent good factor by the cost new.

The following methods are used to determine cost new of Class 17 Vessels (Boats) 31 feet in length & longer:

 1. documenting the M.S.R.P. listed in the ABOS Marine Blue Book / web site, or

 2. for boats not listed in the ABOS Marine Blue Book but listed in the N.A.D.A. Marine Appraisal Guide,

 divide the N.A.D.A. average value by the percent good factor, or

 3. for boats not listed in the ABOS Marine Blue Book or in the N.A.D.A. Marine Appraisal Guide, documenting

 the actual cost for the property; or

 4. for boats not listed in the ABOS Marine Blue Book or in the N.A.D.A. Marine Appraisal Guide, and for which

 no documented acquisition cost is available:

 a. the manufacturer's suggested retail price for a comparable boat; or

 b. the cost new established for that boat by a documented valuation source.

 The Uniform Fee for Class 17 is 1.5% of taxable value

 The 2015 model year percent good applies to 2015 models purchased in 2014.

 Vessels (Boats) over 31 feet in length have a residual taxable value of $1000.

16.
 Utah State Tax Commission

Age Based Uniform Fees for

Class 17

 'Vessels less than 31 Feet In Length

Class 17a - Uniform Statewide Fee of $10 applies to all Vessels less than 15 feet in length 

regardless of age. 

A Uniform Statewide fee of $10 applies to all canoes, jon boats, utility boats regardless 

of length or age.

 Class 17b - Age Based Fees for Vessels 15 feet or more in length but less than 19 feet 

(except boat types listed for 17a or 17f): 

Age of Vessel Model Years Age Based Fee

Less Than 3 Years 2015 - 2013 $150

3 or more years but less than 6 Years 2012 - 2010 $110

6 or more years but less than 9 years 2009 - 2007 $80

9 or more years but less than 12 years 2006 - 2004 $65

12 or more years 2003 & Older $25

 Class 17c - Age Based Fees for Vessels 19 feet or more in length but less than 23 feet 

(except boat types listed for 17a or 17g):

Age of Vessel Model Years Age Based Fee

Less Than 3 Years 2015 - 2013 $275

3 or more years but less than 6 Years 2012 - 2010 $220

6 or more years but less than 9 years 2009 - 2007 $175

9 or more years but less than 12 years 2006 - 2004 $120

12 or more years 2003 & Older $50

 Class 17d - Age Based Fees for Vessels 23 feet or more in length but less than 27 feet 

(except boat types listed for 17a or 17h):

Age of Vessel Model Years Age Based Fee

Less Than 3 Years 2015 - 2013 $400

3 or more years but less than 6 Years 2012 - 2010 $310

6 or more years but less than 9 years 2009 - 2007 $240

9 or more years but less than 12 years 2006 - 2004 $180

12 or more years 2003 & Older $100

 Class 17e - Age Based Fees for Vessels 27 feet or more in length but less than 31 feet 

(except boats types listed for 17a or 17i):

Age of Vessel Model Years Age Based Fee

Less Than 3 Years 2015 - 2013 $700

3 or more years but less than 6 Years 2012 - 2010 $500

6 or more years but less than 9 years 2009 - 2007 $350

9 or more years but less than 12 years 2006 - 2004 $250

12 or more years 2003 & Older $120

The following boat types; pontoon (not houseboat), sailboat, collapsible or inflatable vessel, 

use these uniform statewide fees:

Class 17f - Uniform Fee for 15 ft. in length but less than 19 ft.: $15.

Class 17g - Uniform Fee for 19 ft. in length but less than 23 ft.: $25.

Class 17h - Uniform Fee for 23 ft. but less than 27 ft.: $40.

Class 17i - Uniform Fee for 27 ft. but less than 31 ft.: $75.

17.
 Utah State Tax Commission

2012 Age Base Uniform Fees For

Class 18

Travel Trailers

Class 18 Property Includes bumper pull travel trailers and 5th wheel travel trailers.

Age Based Fees for Class 18, Travel Trailers:

Uniform State Wide

Age of Travel Trailer Model Years Age Based Fee

Less Than 3 Years 2015 - 2013 $175

3 or more years but less than 6 Years 2012 - 2010 $135

6 or more years but less than 9 years 2009 - 2007 $90

9 or more years but less than 12 years 2006 - 2004 $65

12 or more years 2003 & Older $20

Age Based Uniform Fees for

 Class 18a

 Tent Trailers and Truck Campers

Age Based Fees for Class 18a, Tent Trailers and Truck Campers:

Uniform State Wide

Age of Tent Trailer / Truck Camper Model Years Age Based Fee

Less Than 3 Years 2015 - 2013 $70

3 or more years but less than 6 Years 2012 - 2010 $50

6 or more years but less than 9 years 2009 - 2007 $35

9 or more years but less than 12 years 2006 - 2004 $25

12 or more years 2003 & Older $10

18.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

 Class 20

 Petroleum & Natural Gas Exploration and Production Equipment

Examples of Property Include:

Oil & Gas Exploration Equipment Equipment Sheds

Distillation Equipment Free Water Knockouts

Wellhead Assemblies Scrubbers

Holding & Storage Facilities Petroleum Pumping Units

Drill Rigs Manifolds / Headers

Re-injection Equipment Recycle / Recirculating Pumps

Compressors Radio Telemetry Units (RTU)

Metering Devices Support & Control Equipment

Heater - Treaters Separator-Dehydrators

Fractionation and Catalytic Cracking Equipment

Well Site Generators, Transformers & Power Lines

The following schedule is recommended for valuing Class 20 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 93%

2013 - 2nd Year 88%

2012 - 3rd Year 81%

2011 - 4th Year 76%

2010 - 5th Year 70%

2009 - 6th Year 61%

2008 - 7th Year 56%

2007 - 8th Year 50%

2006 - 9th Year 44%

2005 - 10th Year 38%

2004 - 11th Year 31%

2003 - 12th Year 21%

2002 - 13th Year 11%

 and prior

Class 20, Petroleum and Gas Exploration and Production Equipment is Defined as:

Equipment used in the petroleum and gas exploration and production industry, subject to 

significant functional and economic obsolescence due to the volatile nature of the petroleum industry.

19.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

 Class 21

 Commercial Trailers

Examples of Property Include:

Commercial Trailers (all types) Commercial Flatbed Trailers 

Commercial Livestock Trailers Lowboy Equipment Trailers

Dry Van Trailers Grain Hopper Trailers

Dump Trailers (all Types) Refrigerated Van Trailers

Tank Trailers 

The following schedule is recommended for valuing Class 21 property for the

2015 assessment year:

Percent Good

Model Year of Cost New

2015 New 95%

2014 - 1st Year 93%

2013 - 2nd Year 88%

2012 - 3rd Year 83%

2011 - 4th Year 78%

2010 - 5th Year 73%

2009 - 6th Year 67%

2008 - 7th Year 62%

2007 - 8th Year 57%

2006 - 9th Year 52%

2005 - 10th Year 47%

2004 - 11th Year 42%

2003 - 12th Year 36%

2002 - 13th Year 31%

2001 - 14th Year 26%

2000 - 15th Year 21%

1999 - 16th Year 16%

 and prior

Taxable value is calculated by multiplying the model year percent good factor by the cost new.

The following methods are used to determine cost new of Class 21 Commercial Trailers:

 a. documenting the actual cost of the the vehicle when purchased new,

 b. documenting the manufacturer's suggested retail price from a recognized publication.

 c. documenting the actual cost used of the vehicle and dividing that purchase price by the percent

 good factor for the applicable model year. 

 d. for state assessed vehicles, the value of attached equipment is included.

 The Uniform Fee for Class 21 is 1.5% of taxable value

 The 2015 model year percent good applies to 2015 models purchased in 2014.

 Commercial trailers have a minimum residual value of $1000.

20.
 Utah State Tax Commission

Age Based Uniform Fees for

 Class 21a

Other Trailers (Non Commercial)

Examples of Property Include:

Trailers used for other than commercial purpose

Cargo Utility Trailers Horse & Stock Trailers

Flatbed Utility Trailers Boat Trailers

Age Based Fees for Class 21a, Other (Non Commercial) Trailers:

Uniform State Wide

Age of Other Trailer Model Years Age based Fee

Less Than 3 Years 2015 - 2013 $30

3 or more years but less than 6 Years 2012 - 2010 $25

6 or more years but less than 9 years 2009 - 2007 $20

9 or more years but less than 12 years 2006 - 2004 $15

Twelve or More Years: 2003 & Older $10

Age Based Uniform Fees for

Class 22

 Passenger Vehicles

Class 22 Property Includes: Passenger Cars, Utility Passenger Vehicles (SUV'S), Vans 

and Light Duty Trucks

Age Based Fees for Class 22, Passenger Vehicles: 

Uniform State Wide

Age of Vehicle Model Years Age based Fee

 Less than 3 Years: 2015 - 2013 $150

3 or more years but less than 6 Years 2012 - 2010 $110

6 or more years but less than 9 years 2009 - 2007 $80

9 or more years but less than 12 years 2006 - 2004 $50

 Twelve or More Years: 2003 & Older $10

Age Based Uniform Fees for

Class 22a

 Small Motor Vehicles

Class 22a Property Includes: Motor Vehicles having 5 or less horsepower, and or 150 or 

less cu. centimeter displacement.

Age Based Fees for Class 22a Small Motor Vehicles:

Uniform State Wide

Age of Vehicle Model Years Age based Fee

 Less than 3 Years: 2015 - 2013 $25

3 or more years but less than 6 Years 2012 - 2010 $15

6 or more years 2006 & Older $10

21.
 Utah State Tax Commission

2014 Uniform Statewide Fee for

CLASS 23

Aircraft

Class 23 includes aircraft requiring FAA registration and having a valid

airworthiness certificate.

Uniform Fees:

Currently Civil and Commercial aircraft are subject to a $25 Uniform Fee paid to the

Tax Commission upon registration or registration renewal.

The fee is distributed to the county in which the aircraft is based.*

Registration Fees:

A registration fee of .4% (.004) of the average wholesale value as listed in the Aircraft

Bluebook Price Digest (fall edition) shall be paid to the Tax Commission upon registration 

or registration renewal.**

* Refer to Section 59-2-404 (1) (b) of the Utah Code Ann.

**Refer to Section 72-10-110 of the Uniform Aeronautical Regulatory Act.

22.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

CLASS 24

Leasehold Improvements on Tax Exempt Real Property

Note: Class 24 Schedule is used only when leasehold improvements are installed when the underlying

 real property is owned by an entity exempt from proper tax under Utah Code Section 59-2-1101.

 See Tax Commission Administrative Rule R884-24P-32 (C).

Leasehold Improvements are defined as improvements to tax exempt real property installed by a tentant

Such improvements may include:

Walls & Partitions Ceilings, Suspended or Acoustical

Plumbing Rough-in & Fixtures Heating and Cooling Systems

Floor Coverings (Except Carpet) Iron or Millwork Trims

Store Fronts Other Leasehold Improvements

Electrical Wiring & Fixtures

The following schedule is recommended for valuing Class 24 Property for the

2015 assessment year:

Percent Good

 Year of of Acquisition and

Installation Installation Cost

2014 - 1st Year 94%

2013 - 2nd Year 88%

2012 - 3rd Year 82%

2011 - 4th Year 77%

2010 - 5th Year 71%

2009 - 6th Year 65%

2008 - 7th Year 59%

2007 - 8th Year 54%

2006 - 9th Year 48%

2005 - 10th Year 42%

2004 - 11th Year 36%

2003 - 12th Year 30%

 and prior

Repair, maintenance and painting of existing improvements are not leasehold improvements.

Fixtures which may be removed without damage to the building or the fixture should be reported 

as Class 5, Furniture and Trade Fixtures.

23.
2013 Recommended Personal Property Valuation Schedule for

Class 25

 Aircraft Parts Manufacturing Tools and Dies

Examples of Property include:

Aircraft Parts Manufacturing Jigs and Dies

Aircraft Parts Molds

Aircraft Component Patterns

The following schedule is recommended for valuing Class 25 Property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 84%

2013 - 2nd Year 68%

2012 - 3rd Year 52%

2011 - 4th Year 36%

2010 - 5th Year 19%

2009 - 6th Year 4%

 and prior

Aircraft Parts Manufacturing Tools and Dies Production Equipment is Defined as:

Equipment and fixtures used exclusively to manufacture aircraft parts and components.

Equipment which could be used for other purposes do not qualify for Class 25

Property in this class is generally subject to rapid physical, functional and economic 

obsolescence due to rapid technological and economic shifts in the aircraft parts manufacturing industry.

24.

 Utah State Tax Commission
 Utah State Tax Commission

Age Based Uniform Fees for

 Class 26

 Personal Watercraft

Class 26 Property Includes: Personal Watercraft and Jetskis

Personal Watercraft Jetski

Age Based Fees for Class 26, Property: 

Uniform State Wide

Age of Personal Watercraft Model Years Age based Fee

 Less Than 3 Years 2015 - 2013 $55

3 or more years but less than 6 Years 2012 - 2010 $45

6 or more years but less than 9 years 2009 - 2007 $35

9 or more years but less than 12 years 2006 - 2004 $25

 12 or more years 2003 & Older $10

25.
 Utah State Tax Commission

2015 Recommended Personal Property Valuation Schedule for

Class 27

Electrical Power Generating Equipment and Fixtures

Examples of Property Include:

Boiler Plant Equipment Turbogenerator Units

Boiler Plant Piping Support Electrical Plant Equipment

Cooling Towers, Other Related Plant Equipment and Fixtures

The following schedule is recommended for valuing Class 27 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 97%

2013 - 2nd Year 95%

2012 - 3rd Year 92%

2011 - 4th Year 90%

2010 - 5th Year 87%

2009 - 6th Year 84%

2008 - 7th Year 82%

2007 - 8th Year 79%

2006 - 9th Year 77%

2005 - 10th Year 74%

2004 - 11th Year 71%

2003 - 12th Year 69%

2002 - 13th Year 66%

2001 - 14th Year 64%

2000 - 15th Year 61%

1999 - 16th Year 58%

1998 - 17th Year 56%

1997 - 18th Year 53%

1996 - 19th Year 51%

1995 - 20th Year 48%

1994 - 21st Year 45%

1993 - 22nd Year 43%

1992 - 23rd Year 40%

1991 - 24th Year 38%

1990 - 25th Year 35%

1989 - 26th Year 32%

1988 - 27th Year 30%

1987 - 28th Year 27%

1986 - 29th Year 25%

1985 - 30th Year 22%

1984 - 31st Year 19%

1983 - 32nd Year 17%

1982 - 33rd Year 14%

1981 - 34th Year 12%

1980 - 35th Year 9%

 and prior

Class 27, Electrical Power Generating Equipment and Fixtures are defined as:

Plants designed to generate electrical power using turbogenerators for consumption by a local market.

26.
2015 Recommended Personal Property Valuation Schedule for

 CLASS 28

 Non-Capitalized Personal Property

Class 28 Property Includes:

All Classes of Property as identified above.

The following schedule to be used for valuing Class 28 property for the

2015 assessment year:

 Percent Good

Year of Acquisition of Acquisition Cost

2014 - 1st Year 75%

2013 - 2nd Year 50%

2012 - 3rd Year 25%

2011 - 4th Year 0%

 and prior

Class 28 Non Capitalized Personal Property is defined as:

An item of non-capitalized personal property having an acquisition cost of $1,000 or less and 

assessed by the Class 28 Personal Property Schedule.*

 Class 28 user requirements:

 1. Taxpayer may elect to designate any property. 

 2. Once the taxpayer elects to declare property in Class 28, the election may not be revoked.

 3. Property designated as Non-Capitalized may not be deleted from the personal property 

 declaration even if sold or disposed of until the final year of the Class 28 Schedule has 

 expired.

 4. Class 28 Non-Capitalized personal property value may not be appealed.

 *See definition of an item of personal property on page 29.

27.