Are special methods of valuation available for agriculture and grazing lands?
Yes. The State Legislature has given special valuation status to property used primarily for agriculture and grazing. Q: How can I qualify for special methods of valuation for agriculture and grazing lands? A: Applications are available from the Assessor’s Office that must be submitted by the end of February each year. Appraisers will determine whether the primary use of your property is agricultural based on types of products being produced and the acreage. The Assessor’s Office may request agricultural income and expense information from owners applying for agricultural valuation status, as reported on IRS Schedule F.
