Examples of CONSERVATION USE in a sentence
Since that time, the number of taxpayers participating in this special assessment program has steadily declined; a result of the increase in fair market values at the local level and the advantages of Conservation Use Valuation.
For example, agricultural property owners qualifying for Conservation Use Assessment are afforded an exemption equal to the difference between 7 market value and current use value, while the property of residential, commercial, industrial, and other classes of taxpayers is assessed at fair market value only.
Conservation Use Valuation Since the implementation of Conservation Use Valuation4 in 1992, the number of parcels in this program has risen steadily.
Tables 7 and 8, and Figures 19 and 20 depict the impact of Conservation Use Valuation.
One significant difference between this program and the Conservation Use Assessment is the provision for the General Assembly to make an annual appropriation for forest land conservation use assistance grants to counties to offset the revenue shift resulting from properties entered in this program.