What services is the $300 vacant land assessment paying for and why is the residential property rate of $153 less than vacant land when there is more property loss at risk?
The fire assessment study identifies the cost for each major property classification based upon percentage of use. The land category, which includes agricultural and vacant property, utilizes almost 9% of the annual responses while single-family residential uses 43%. The assessment against land is based upon Fire Rescues ability to respond to an average of 10 acres, hence the cap of 10 acres per parcel. This means that approximately 66,000 acres of land are assessable. Nine percent of the fire budget is then allocated to land and divided by the total acreage resulting in $33.80 per acre. Homes are assessed at 43% of the budget and that portion is then divided by 71,138 residential units resulting in the assessment of $153.00 per home. The apportionment is strictly based upon those numbers and the net result is the greater number of homes offsets the cost for that category. Conversely, the number of acres of wildfire that primary response units can handle lowers the total number acres t
Related Questions
- If the current boundaries of a land parcel identified by land registration and property assessment are not identical, how will this be represented in the parcel fabric?
- The Notice of Valuation says the Assessment Rate on my residential property is 7.96%...yet the noted change in value does not reflect this percentage, why?
- WHY IS VACANT LAND AND COMMERCIAL ASSESSED AT 29 PERCENT AND RESIDENTIAL AT A LOWER RATE?
