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County Home => Assessor`s Office => Business Personal Property => Business Personal Property 2014/2015 Factors

Washoe County Assessor
3 Year Life ::5 Year Life ::7 Year Life ::10 Year Life ::15 Year Life ::20 Year Life ::30 Year Life ::50 Year Life

Each year the Division of Assessment Standards of the Nevada State Department of Taxation publishes the Personal Property Manual. Contained in this manual are tables of index and depreciation factors used to develop the taxable value for personal property. The table used is dependent on the expected life for the type of property or industry group. The tables include Cost Index factors which convert the items original cost to current replacement cost. That figure is then depreciated resulting in the items taxable, or full cash value. Assessed value is calculated by applying the assessment ratio of 35%.

Example:
A computer was acquired in 2012 for $1500.
$1500 (actual cost) x 1.02 (cost index for 2012 3 year life) = $1530.00 (cost of replacement)
$1530 x 0.11 (percent good for 2012 3 year life) = $168.30 (taxable value)
$168.30 x 0.35 (assessment ratio) = $59 (assessed value rounded)

For information on tax rates and calculations please visit the Washoe County Treasurer's website.

Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.01 67.00 33.00
2015 2 1.01 89.00 11.00
2014 3 1.02 95.00 5.00
Residual   1.02 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.01 40.00 60.00
2015 2 1.01 64.00 36.00
2014 3 1.02 78.00 22.00
2013 4 1.03 87.00 13.00
2012 5 1.05 95.00 5.00
Residual   1.05 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.01 29.00 71.00
2015 2 1.01 49.00 51.00
2014 3 1.02 64.00 36.00
2013 4 1.03 74.00 26.00
2012 5 1.05 81.00 19.00
2011 6 1.07 88.00 12.00
2010 7 1.09 95.00 5.00
Residual   1.09 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.01 20.00 80.00
2015 2 1.01 36.00 64.00
2014 3 1.02 49.00 51.00
2013 4 1.03 59.00 41.00
2012 5 1.05 67.00 33.00
2011 6 1.07 74.00 26.00
2010 7 1.09 79.00 21.00
2009 8 1.10 84.00 16.00
2008 9 1.13 90.00 10.00
2007 10 1.17 95.00 5.00
Residual   1.17 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.01 13.00 87.00
2015 2 1.01 25.00 75.00
2014 3 1.02 35.00 65.00
2013 4 1.03 44.00 56.00
2012 5 1.05 51.00 49.00
2011 6 1.07 58.00 42.00
2010 7 1.09 63.00 37.00
2009 8 1.10 68.00 32.00
2008 9 1.13 72.00 28.00
2007 10 1.17 76.00 24.00
2006 11 1.21 80.00 20.00
2005 12 1.25 84.00 16.00
2004 13 1.29 87.00 13.00
2003 14 1.31 91.00 9.00
2002 15 1.33 95.00 5.00
Residual   1.33 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.01 10.00 90.00
2015 2 1.01 19.00 81.00
2014 3 1.02 27.00 73.00
2013 4 1.03 34.00 66.00
2012 5 1.05 41.00 59.00
2011 6 1.07 47.00 53.00
2010 7 1.09 52.00 48.00
2009 8 1.10 57.00 43.00
2008 9 1.13 61.00 39.00
2007 10 1.17 65.00 35.00
2006 11 1.21 69.00 31.00
2005 12 1.25 72.00 28.00
2004 13 1.29 75.00 25.00
2003 14 1.31 78.00 22.00
2002 15 1.33 80.00 20.00
2001 16 1.35 83.00 17.00
2000 17 1.38 86.00 14.00
1999 18 1.39 89.00 11.00
1998 19 1.40 92.00 8.00
1997 20 1.42 95.00 5.00
Residual   1.42 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.01 7.00 93.00
2015 2 1.01 13.00 87.00
2014 3 1.02 19.00 81.00
2013 4 1.03 24.00 76.00
2012 5 1.05 29.00 71.00
2011 6 1.07 34.00 66.00
2010 7 1.09 38.00 62.00
2009 8 1.10 42.00 58.00
2008 9 1.13 46.00 54.00
2007 10 1.17 50.00 50.00
2006 11 1.21 53.00 47.00
2005 12 1.25 56.00 44.00
2004 13 1.29 59.00 41.00
2003 14 1.31 62.00 38.00
2002 15 1.33 64.00 36.00
2001 16 1.35 67.00 33.00
2000 17 1.38 69.00 31.00
1999 18 1.39 71.00 29.00
1998 19 1.40 73.00 27.00
1997 20 1.42 75.00 25.00
1996 21 1.45 77.00 23.00
1995 22 1.48 79.00 21.00
1994 23 1.52 81.00 19.00
1993 24 1.56 83.00 17.00
1992 25 1.60 85.00 15.00
1991 26 1.66 87.00 13.00
1990 27 1.72 89.00 11.00
1989 28 1.78 91.00 9.00
1988 29 1.85 93.00 7.00
1987 30 1.90 95.00 5.00
Residual   1.90 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2017 0 1.00 0.00 100.00
2016 1 1.00 1.50 98.50
2015 2 1.01 3.00 97.00
2014 3 1.02 4.50 95.50
2013 4 1.03 6.00 94.00
2012 5 1.06 7.50 92.50
2011 6 1.08 9.00 91.00
2010 7 1.11 10.50 89.50
2009 8 1.11 12.00 88.00
2008 9 1.13 13.50 86.50
2007 10 1.17 15.00 85.00
2006 11 1.21 16.50 83.50
2005 12 1.27 18.00 82.00
2004 13 1.33 19.50 80.50
2003 14 1.39 21.00 79.00
2002 15 1.41 22.50 77.50
2001 16 1.44 24.00 76.00
2000 17 1.46 25.50 74.50
1999 18 1.50 27.00 73.00
1998 19 1.52 28.50 71.50
1997 20 1.54 30.00 70.00
1996 21 1.58 31.50 68.50
1995 22 1.61 33.00 67.00
1994 23 1.65 34.50 65.50
1993 24 1.70 36.00 64.00
1992 25 1.75 37.50 62.50
1991 26 1.80 39.00 61.00
1990 27 1.87 40.50 59.50
1989 28 1.93 42.00 58.00
1988 29 1.99 43.50 56.50
1987 30 2.03 45.00 55.00
1986 31 2.07 46.50 53.50
1985 32 2.11 48.00 52.00
1984 33 2.18 49.50 50.50
1983 34 2.25 51.00 49.00
1982 35 2.36 52.50 47.50
1981 36 2.57 54.00 46.00
1980 37 2.85 55.50 44.50
1979 38 3.13 57.00 43.00
1978 39 3.38 58.50 41.50
1977 40 3.60 60.00 40.00
1976 41 3.90 61.50 38.50
1975 42 4.35 63.00 37.00
1974 43 4.75 64.50 35.50
1973 44 5.13 66.00 34.00
1972 45 5.41 67.50 32.50
1971 46 5.69 69.00 31.00
1970 47 6.00 70.50 29.50
1969 48 6.31 72.00 28.00
1968 49 6.60 73.50 26.50
1967 50 7.07 75.00 25.00
Residual   7.07 75.00 25.00
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