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' value, property is taxed on its worth in agricultural or timber production rather than on its potential market value for development with the difference in the two rates defered as long as the parcels remain in a qualifying use.
The supervisors also indicated support for a countywide land use taxation ordinance which would make all qualifying property eligible for use value treatment. Asked by the board to review the issue, the Rappahannock planning commissioners recommended adoption of a use value taxation ordinance that includes all four categories of land swallowed by the state—agricultural, horticultural, forestal and open space. Formal adoption of land use must await public hearings by both the planning commission and the supervisors. This preferential tax alternative was suggested last year by experts in the state department of taxation as a means of combating the antipated shift in tax burden after the county’s. 100 percent reassessment from equal sharing between houses and land to primarily land.
4. SCHOOL EX
94.0%