If you own an aircraft in Franklin County, and it is worth
less than $60.200, and it is older than 25 years, and flies less than 50 hours
per year, you have been over charged on your personal property taxes for years. Before this year Franklin County has
appraised all aircraft in Franklin county at $10,000, and assed them at
33%. They should have been valued at the
market value, and assed at .05%. There are 59 aircraft on the FAA registry, and
6 are not older than 25 years. Two of
which are balloons. If the average value of these aircraft is
$30,000, the county has over taxed the owners by approximately $53,000 in the
last ten years. If you are the owner of
an older aircraft in Franklin County, check your tax bill, you might be due a
refund. One owner walked out of the assessor’s
office with a $300 check.
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