Use Value Assessment of Agricultural Land in the Northeast

Use Value Assessment of Agricultural Land in the Northeast PDF Author:
Publisher:
ISBN:
Category : Farms
Languages : en
Pages : 28

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Use Value Assessment of Agricultural Land in the Northeast

Use Value Assessment of Agricultural Land in the Northeast PDF Author:
Publisher:
ISBN:
Category : Farms
Languages : en
Pages : 28

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Book Description


Use-value Assessment of Rural Land in the United States

Use-value Assessment of Rural Land in the United States PDF Author: John Edwin Anderson
Publisher:
ISBN: 9781558442979
Category : Land value taxation
Languages : en
Pages : 0

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Book Description
State and local governments in this country have adopted a number of policies to regulate the conversion of rural land to developed uses. One of the most significant and least understood is preferential assessment of rural land under the real property tax, often called use-value assessment (UVA) or current-use assessment. This book explains and analyzes the critical questions raised by this fiscal tool for farmland preservation. Under UVA, the assessments of various parcels of land within a given state may vary tremendously from property to property. A tract that is zoned residential with access to a turnpike might be assessed at $7,865 per acre. In the very same neighborhood, though, an even larger tract of vacant land might be assessed at a mere $127 per acre, which is far below the market value. How can there be such dramatic differences in the assessment of land values within the same community or neighborhood? Has the town assessor failed to treat property owners fairly and equally, as required by state law? Not at all. Nearly all states across the country permit, and even require, local assessors to value some parcels of undeveloped land far below their fair market values for the purpose of levying local property taxes. Despite their stated purpose of preserving rural lands from urban development, UVA programs can have unintended negative consequences. One is erosion of the legal and constitutional principle of uniformity of taxation; another is shifting of the local tax burden to other property owners, perhaps in a regressive manner. Occasionally UVA programs generate political controversy and even legislative action concerning "fake farmers" who enjoy low property tax bills, but whose land might only be used to sell firewood or Christmas trees to a few friends and neighbors. This volume explains the origins, key features, impacts, and flaws of use-value assessment programs across the United States. It describes in detail the process and characteristics of UVA programs in 44 states and recommends reforms. This book serves as a road map for public officials, scholars, and journalists concerned with agricultural taxation and land use issues.

Bulletin

Bulletin PDF Author: Hatch Experiment Station
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 28

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Estimating the Use Value of Agricultural Land for Farm Assessments in New York State

Estimating the Use Value of Agricultural Land for Farm Assessments in New York State PDF Author: James Francis Dunne
Publisher:
ISBN:
Category : Agricultural laws and legislation
Languages : en
Pages : 794

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An Analysis of Northeastern Rural Land Use Policies

An Analysis of Northeastern Rural Land Use Policies PDF Author: William Gene Lesher
Publisher:
ISBN:
Category : Land use, Rural
Languages : en
Pages : 644

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Use Value Assessment of Farmland

Use Value Assessment of Farmland PDF Author: Roger Cliff
Publisher:
ISBN:
Category : Land use, Rural
Languages : en
Pages : 34

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The Proceedings of the Conference on Rural Land-Use Policy in the Northeast, October 2-4, 1974, Atlantic City, New Jersey

The Proceedings of the Conference on Rural Land-Use Policy in the Northeast, October 2-4, 1974, Atlantic City, New Jersey PDF Author:
Publisher:
ISBN:
Category : Community development
Languages : en
Pages : 304

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Conserving the Nation's Farmland

Conserving the Nation's Farmland PDF Author: Jon Clark
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 40

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Economic Impacts of Current-use Assessment of Rural Land in the East Texas Pineywoods Region

Economic Impacts of Current-use Assessment of Rural Land in the East Texas Pineywoods Region PDF Author: Clifford A. Hickman
Publisher:
ISBN:
Category : Forests and forestry
Languages : en
Pages : 28

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State Programs for the Differential Assessment of Farm and Open Space Land

State Programs for the Differential Assessment of Farm and Open Space Land PDF Author: Thomas F. Hady
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 72

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