Is land previously classified as agricultural, which is left fallow, subject to a Conversion Charge?
Not if the Assessor determines the proper new classification is ‘undeveloped’. There would be a Conversion Charge if the Assessor’s determination that the classification should be ‘residential’ or ‘commercial’. Remember, however, that as of 1/1/2004, the fallow ‘undeveloped’ acreage should be valued at 50% of market value (adjusted for the assessment ratio).
