CURRENT USE
Owners of farmland, pasture land or timberland that is
producing agricultural products, livestock or wood products
for sale to the general public may apply for current use
exemption. This exemption allows for property to be assessed
at less than market value when used for the purposes
specified.
Any owner of eligible property must make a formal
application to the Revenue Commissioner's Office if he wishes
to claim current use.
The curruent use applications may be obtained from the
Revenue Commissioner's Office at any time of the year, but
under the law they must be filed with the Revenue
Commissioner's Office on or after October 1st, but no later
than January 1, for that tax year.
After current use has been granted, the owner who made
application for current use does not have to re-apply for
current use for subsequent years. However, if the property
changes hands, the new owner will have to file an application
for current use or his or her taxes will be based on fair
market value rather than current use values.
All current use applications are subject to be verified by
the County Agent or State Forestry Commission.