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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
2018 0 1.00 0.00 100.00
2017 1 1.01 67.00 33.00
2016 2 1.01 89.00 11.00
2015 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
2018 0 1.00 0.00 100.00
2017 1 1.01 40.00 60.00
2016 2 1.01 64.00 36.00
2015 3 1.02 78.00 22.00
2014 4 1.03 87.00 13.00
2013 5 1.04 95.00 5.00
Residual   1.04 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2018 0 1.00 0.00 100.00
2017 1 1.01 29.00 71.00
2016 2 1.01 49.00 51.00
2015 3 1.02 64.00 36.00
2014 4 1.03 74.00 26.00
2013 5 1.04 81.00 19.00
2012 6 1.06 88.00 12.00
2011 7 1.08 95.00 5.00
Residual   1.08 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2018 0 1.00 0.00 100.00
2017 1 1.01 20.00 80.00
2016 2 1.01 36.00 64.00
2015 3 1.02 49.00 51.00
2014 4 1.03 59.00 41.00
2013 5 1.04 67.00 33.00
2012 6 1.06 74.00 26.00
2011 7 1.08 79.00 21.00
2010 8 1.10 84.00 16.00
2009 9 1.11 90.00 10.00
2008 10 1.13 95.00 5.00
Residual   1.13 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2018 0 1.00 0.00 100.00
2017 1 1.01 13.00 87.00
2016 2 1.01 25.00 75.00
2015 3 1.02 35.00 65.00
2014 4 1.03 44.00 56.00
2013 5 1.04 51.00 49.00
2012 6 1.06 58.00 42.00
2011 7 1.08 63.00 37.00
2010 8 1.10 68.00 32.00
2009 9 1.11 72.00 28.00
2008 10 1.13 76.00 24.00
2007 11 1.16 80.00 20.00
2006 12 1.20 84.00 16.00
2005 13 1.24 87.00 13.00
2004 14 1.28 91.00 9.00
2003 15 1.32 95.00 5.00
Residual   1.32 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2018 0 1.00 0.00 100.00
2017 1 1.01 10.00 90.00
2016 2 1.01 19.00 81.00
2015 3 1.02 27.00 73.00
2014 4 1.03 34.00 66.00
2013 5 1.04 41.00 59.00
2012 6 1.06 47.00 53.00
2011 7 1.08 52.00 48.00
2010 8 1.10 57.00 43.00
2009 9 1.11 61.00 39.00
2008 10 1.13 65.00 35.00
2007 11 1.16 69.00 31.00
2006 12 1.20 72.00 28.00
2005 13 1.24 75.00 25.00
2004 14 1.28 78.00 22.00
2003 15 1.32 80.00 20.00
2002 16 1.34 83.00 17.00
2001 17 1.36 86.00 14.00
2000 18 1.39 89.00 11.00
1999 19 1.41 92.00 8.00
1998 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
2018 0 1.00 0.00 100.00
2017 1 1.01 7.00 93.00
2016 2 1.01 13.00 87.00
2015 3 1.02 19.00 81.00
2014 4 1.03 24.00 76.00
2013 5 1.04 29.00 71.00
2012 6 1.06 34.00 66.00
2011 7 1.08 38.00 62.00
2010 8 1.10 42.00 58.00
2009 9 1.11 46.00 54.00
2008 10 1.13 50.00 50.00
2007 11 1.16 53.00 47.00
2006 12 1.20 56.00 44.00
2005 13 1.24 59.00 41.00
2004 14 1.28 62.00 38.00
2003 15 1.32 64.00 36.00
2002 16 1.34 67.00 33.00
2001 17 1.36 69.00 31.00
2000 18 1.39 71.00 29.00
1999 19 1.41 73.00 27.00
1998 20 1.42 75.00 25.00
1997 21 1.44 77.00 23.00
1996 22 1.46 79.00 21.00
1995 23 1.49 81.00 19.00
1994 24 1.52 83.00 17.00
1993 25 1.56 85.00 15.00
1992 26 1.60 87.00 13.00
1991 27 1.66 89.00 11.00
1990 28 1.71 91.00 9.00
1989 29 1.77 93.00 7.00
1988 30 1.85 95.00 5.00
Residual   1.85 95.00 5.00
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Year Age Cost Index Percent Depreciation Percent Good
2018 0 1.00 0.00 100.00
2017 1 1.01 1.50 98.50
2016 2 1.01 3.00 97.00
2015 3 1.02 4.50 95.50
2014 4 1.03 6.00 94.00
2013 5 1.04 7.50 92.50
2012 6 1.07 9.00 91.00
2011 7 1.09 10.50 89.50
2010 8 1.11 12.00 88.00
2009 9 1.13 13.50 86.50
2008 10 1.13 15.00 85.00
2007 11 1.17 16.50 83.50
2006 12 1.21 18.00 82.00
2005 13 1.26 19.50 80.50
2004 14 1.32 21.00 79.00
2003 15 1.38 22.50 77.50
2002 16 1.42 24.00 76.00
2001 17 1.45 25.50 74.50
2000 18 1.47 27.00 73.00
1999 19 1.50 28.50 71.50
1998 20 1.53 30.00 70.00
1997 21 1.56 31.50 68.50
1996 22 1.59 33.00 67.00
1995 23 1.62 34.50 65.50
1994 24 1.65 36.00 64.00
1993 25 1.71 37.50 62.50
1992 26 1.78 39.00 61.00
1991 27 1.83 40.50 59.50
1990 28 1.89 42.00 58.00
1989 29 1.96 43.50 56.50
1988 30 2.01 45.00 55.00
1987 31 2.06 46.50 53.50
1986 32 2.09 48.00 52.00
1985 33 2.14 49.50 50.50
1984 34 2.21 51.00 49.00
1983 35 2.28 52.50 47.50
1982 36 2.39 54.00 46.00
1981 37 2.60 55.50 44.50
1980 38 2.89 57.00 43.00
1979 39 3.17 58.50 41.50
1978 40 3.43 60.00 40.00
1977 41 3.65 61.50 38.50
1976 42 3.96 63.00 37.00
1975 43 4.42 64.50 35.50
1974 44 4.81 66.00 34.00
1973 45 5.21 67.50 32.50
1972 46 5.49 69.00 31.00
1971 47 5.77 70.50 29.50
1970 48 6.08 72.00 28.00
1969 49 6.39 73.50 26.50
1968 50 6.68 75.00 25.00
Residual   6.68 75.00 25.00
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