Notice regarding the Personal Property Statement: Pursuant to P.A. 153 of 2013, if the true cash value of the assessable personal property you or a related party own, lease or possess in this local assessing unit is less than $80,000, then you need not file the L-4175, Personal Property Statement. Rather, file Form 5076 Affidavit to Claim Small Business Tax Exemption, with the local unit where the property is located no later than February 22, 2022.