That value-per-acre is a two-part calculation. The number of acres converted is multiplied by a value-per-acre for each converted acre. Can a conversion charge be issued more than once on the same parcel of land?.Are governmental entities subject to the conversion charge under state law (sec.Are exempt entities (ex: churches and benevolent associations) subject to the conversion charge?.Do the overlying taxation jurisdictions share in the conversion charge?.Once a conversion charge becomes a special charge on the tax bill, can a county add its 0.5% tax to the bill, like with "other" special charges?.Does the county share the 1% per month added interest payment 50/50 with the municipality, or does the county keep that income?.Can the county subtract the administrative costs of collection from the conversion charge amount returned to the taxation districts?.What if the conversion charge is not paid?.How are buyers being made aware of the potential conversion charge?.If a change in use takes place, and a conversion charge is due, but no conversion charge is issued, can a county treasurer issue the conversion charge in the following years?.What if I disagree with the property use's change in classification?.If the property was classified agricultural on January 1 and entered in the Managed Forest Law (MFL) program during that year (becoming exempt on the assessment roll), is a conversion charge due?.Is land previously classified as agricultural that is left fallow, subject to a conversion charge?.What should an assessor do when discovering land was misclassified?.For the Januassessment, the parcel was re-classified as residential, with a significantly higher improvement value. The 2022 taxes reflected the value of only the original "other" site and improvements from 2021. The assessor did not discover the changes until after the 2022 assessment was completed. Three additional agricultural acres were converted to site acres, and the improvement's highest and best use changed to residential. The parcel had new construction during 2021. ![]() A parcel was classified as nine acres agricultural and one acre of land and buildings classified as "other" on the Januassessment roll.An existing farm operation with the majority of its land classified agricultural tears some buildings down, adds some additional buildings, and changes the total area used for the site.Does the assessor have to reclassify all residential parcels belonging to children, parents, or grandparents of farm operators to "other"?.Does "other" include a residential home built on five acres split off a tilled 40-acre parcel as a separate parcel if the ownership changed to the farm operator's children, parents, or grandparents before the change in use took place?.What is the definition of "other" as a category on the roll?.If land converts to undeveloped land (class 5), agricultural forest (class 5m), productive forest (class 6) or other (class 7) for one year, and then converts to residential (class 1), is it then liable for a conversion charge?.Are there exceptions to a conversion charge?.When are the values used in the conversion charge calculation available?.If a parcel is split, how is the size calculated when determining which conversion charge to apply?.How is the conversion charge calculated?.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |