Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 2 · column 6 of 7 · from the scan, no model involved
Use Taxation receives a “use” value and not a fair market value assessment. The tax differential resulting is considered a deferral and not an abatement.
lb qualify for the program, the land owner must conduct certain activities beyond a minimum threshold. Agricultural cropland owners, for example, must engage in agricultural activities for five years before receiving land use; they must farm at least five contiguous acres, and they must generate at least $1,000 in gross agricultural revenue.
As another example, qualified forestal land must consist of at least 20 contiguous acres with a minimum of 200 trees per acre, with no livestock access. A recent change in forestal qualifications also requires that the owner have developed a forest management plan or a commitment for inclusion in an Agricultural-Forestal District.
Should land use participants fail to meet their obligations, they are removed from participation in the program and their taxes will be rolled back for a five year period.
The rollback means that the deferred portion of the fair market value-based tax must be paid, with penalties and interest.
94.6%