Business Personal Property

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Statement of Personal Property for Businesses
Every person, firm or corporation conducting business within the City of Janesville who has operating assets located in the City of Janesville on January 1 must file a properly completed and signed Statement of Personal Property PA-003 with the City of Janesville Assessor’s office each year on or before March 1st as required by Wisconsin State Statutes.

A blank Statement of Personal Property will be mailed by the Assessor’s office to each business owner on approximately January 1 of every year.
 
New Businesses
If you are a new business that has assets located within the City of Janesville on January 1, 2020, you will need to print and complete the 2020 Statement of Personal Property PA-003 once it has been made available on the Wisconsin Department of Revenue website in approximately November of 2019. The Assessor's office will create a new Business Personal Property account for you upon receipt of the completed form. You will be notified of your new account number when the 2020 Notice of Assessment Change letters are mailed in late spring of 2020.

Discontinued, Sold or Moved Businesses
If you are no longer in business as of January 1, you must do the following to insure your removal from the 2020 Assessment Roll:

Complete the appropriate areas on the front page of the Statement of Personal Property PA-003 stating the business is no longer open, the date the business closed, your current mailing address, and the new business owner information (if applicable) OR a letter stating the same.

FAQ's:

  • Businesses that fail to file a properly completed Statement of Personal Property PA-003 are subject to penalty and forfeit their right to appear before the Board of Review to contest their assessment. Completed Statement of Personal Property forms are confidential by Wisconsin State Statute and are not available for public inspection.
  • The majority of businesses have signs.  If you have a sign, and do not list it as an asset on Schedule H of the Statement of Personal Property, the Assessor's office is required to include an estimate of the sign’s value in your personal property assessment.