The application is needed to help the assessor determine if your land qualifies. How to get into the Forestland Program: Apply to the assessor of the county in which the forestland is located. This means you can put your property into a farm special assessment, the Wildlife Habitat Conservation Program or the STF Option if your land qualifies for these programs. Tax on a 50-acre tract of land at forestland valueĬhange from one forestland option to another: You may change between special assessments without having to pay additional taxes. Tax on a 50-acre tract of land at real market value This additional tax will be the difference between the tax paid for the previous five years and the tax that would have been paid for the same five-year period had the land been taxed at the real market value. The owner of the disqualified lands will be required to pay an additional tax. This means you do not pay the STF Severance Tax when you harvest the timber.ĭisqualification or removal: The county assessor may disqualify lands that do not continue to meet the standards for this program. Severance tax at harvest: There is no property tax related to the timber. Source: Oregon Department of Revenue, 2020. SAV - Specially Assessed Value (ORS 321.207)Ģ0% MSAV - 20% Maximum Specially Assessed Value for qualified Small Tract Forestland Program properties (Measure 50)Ģ0% SAV - 20% Specially Assessed Value for qualified Small Tract Forestland Program properties (ORS 321.722) MSAV - Maximum Specially Assessed Value (Measure 50) Oregon forestland special assessed values Property taxes under this program vary, depending upon the location and ability of your property to grow timber. This value is often less than the real market value used for taxing other properties. Lands that are not adequately stocked within five years will be disqualified.Īnnual property tax: Under this program, land is taxed at a special rate based upon the typical price paid for land managed for the production of harvestable timber. If your land does not currently meet these standards, you can still qualify if at least 20 percent (minimum two acres) of the land meets the standards and there is a written management plan to plant enough trees to meet the standards within five years. Property size: To qualify for the program, the tax lot must be at least two acres.įorestland criteria: The land must contain enough trees to meet the stocking standards of the Oregon Forest Practices Act. Currently, timber is not taxed through the property tax system. The property tax on the land is based on the value of the land as forestland. This reduced tax assessment was intended to recognize the importance of forestland to Oregon´s economy and respond to the growing pressures that urban growth was putting on natural resource lands. Maps of property tax lots can be located by township, range and section from the Grant County Surveyor's Website.Purpose: The Legislature established the Forestland Program as a special tax assessment. Statutes require this office to value Real Market Value as of January 1st, calculate Measure 5 and Measure 50 values, while extending special assessments or exemptions programs to complying properties. Oregon's property tax system has become more complex since the passage of Measure 5 and Measure 50, which now extend, impose, and set a tax based on each property. ![]() Real property information, including assessed values and current property taxes. Reviews and prepares property review requests, appeals, and explains the assessment process used.Administers all Special Assessment Statutes that pertain to certain classes of property.Manages special programs such as farm and forest assessments, veterans' exemptions, senior/disabled deferrals, and all exemption programs. ![]()
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