Among those submitting comments in favor of HB 4029 are three owners of frontage property homes on the Deschutes river. These three owners and several others submitting comments are among 12 of 36 properties on Bachelor View Rd that collectively have 43 acres of Designated Forestland in this residential zoned area of the city that gives them a property tax land value assessment of $77.07per acre. An single example of the relative land value property tax assessment without this designation next to a land lot that has it is $141,000.00 per acre.
Some properties have had this designation for up to 25 years. The result of this designation approved by the county assessor is that they have collectively avoided hundreds of thousands of dollars in county property taxes, some portion of which come to the city, over the period of ownership and will continue to enjoy this property tax advantage until timber from the trees they planted is harvested for commercial sale. What they don’t pay puts their tax burden on the the rest of city and county taxpayers.
This Designated Forestland Application link is for anyone in the city that wants this exceptional tax break and has at least two acres of land. (Exclusive of 1 acre homesite if there is a structure.) Few strings attached and those that are receive little or no verification of planting or growth over time by the tax assessor judging from overhead property views at the Deschutes Dial Site.
Eastern Oregon Designated Forestland assessment value per acre:( $77.07)
Public tax records for research: http://dial.deschutes.org/results/general?value=bachelor+view+rd&x=0&y=0&m=0
properties with Designated Forestland have a tax liability warning.
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