Let's get PERSONAL
The assessor values personal property at this percent of current market value.
What is 100%?
Commercially farmed land and land set aside for enjoyment/well-being of the citizens are two categories of land in this tax deferral program.
What is CURRENT USE?
The valuation of many properties as of a given date, using standard procedures and statistical testing.
What is Mass Appraisal?
Tribal Lands, Nonprofits, Historic Properties are all types of properties that may be eligible for this type of relief
What is PROPERTY TAX EXEMPTION?
This levy type is imposed over and above regular property tax levels. In most cases, it requires a 60% voter supermajority to approve.
What is an EXCESS LEVY?
The process where the Treasurer's Office takes control of the personal property when taxes are not paid timely.
What is DISTRAINT?
This type of Current Use classification is intended to preserve natural resources, protect streams/water supplies, and promote conservation.
What is OPEN SPACE?
Under this valuation approach the comparable properties are adjusted upwards or downwards to the subject property.
What is the Sales Comparison Approach?
The two types of property that exemptions can be applied to.
What are REAL and PERSONAL property?
Affordable housing, criminal justice, and ‘lid lifts’ are all examples of this type of levy.
What are REGULAR levies?
The date by which Personal Property must be listed by the taxpayer and filed with the county assessor on or before every year.
What is April 30th?
These two programs are intended to support and preserve forest lands in the state.
What are Timberland (Open Space) and Designated Forestland (DFL)?
The income approach is generally the most reliable approach for these type of properties.
What are Commercial properties?
This is the amount of income a senior citizen can make and qualify for the property tax exemption program.
What is $50,348?
This public office must calculate a levy rate for all of the taxing districts in the county that levy for property tax.
What is the Assessor’s Office?
Personal property tax does not apply to this type of personal property such as monies, notes, certificates of deposit, personal service contracts, franchise agreements, trademarks, patents, brand names, copyrights, licenses, and customer lists.
What is INTANGIBLE?
Actively producing and selling agricultural products for commercial purposes is a required qualification for this current use classification of land.
What is FARM & AGRICULTURE?
Who is Peter Van Nortwick?
Taxes must be repaid when the property exits this type of tax relief program.
What is a DEFERRAL program?
This number is multiplied by the levy rate in order to calculate the dollar amount of property tax for a given parcel.
What is the TAXABLE ASSESSED VALUE?
This is the chief characteristic of Personal Property.
What is MOBILITY?
These products are included in the definition of “agricultural products” in the Agricultural Land classification?
What are livestock, produce, and crops?
The 5 pertinent tasks of the Real Property Appraiser in the Assessor’s Office include: Discovering, Listing, Valuing, __________, and Defending.
What is REVALUING?
This type of tax relief program has age and income eligibility qualifications.
What is the SENIOR CITIZENS and PERSONS with DISABILITISE program?
The County's General Fund has these 3 subordinate levies.
What are BEHAVIORAL HEALTH, DEVELOPMENTAL DISABILITIES, & VETERANS' RELIEF?