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Representative asks Rankin County to correct higher 2025 personal property assessments for CVS and Ulta
Summary
A business representative told the Board that five CVS accounts and one Ulta account were assessed at higher inventory values for 2025 than filed on returns and provided balance‑sheet evidence and letters asking for correction despite the assessment‑protest period having passed.
A representative for CVS and Ulta told the Rankin County Board of Supervisors that inventory for several retail accounts was assessed in 2025 at amounts higher than the companies reported on their returns, producing an estimated tax impact of roughly $40,000 for CVS accounts and about $11,000 for an Ulta account.
The representative said…
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