18         DEPARTMENT OF ADMINISTRATIVE AND FINANCIAL SERVICES

 

125                                                                  Bureau of Revenue Services

Chapter 202-09                                   Tree Growth Tax Law Valuations - 2009

 

Summary:                Title 36, M.R.S.A., section 576 requires the State Tax Assessor establish the 100% valuation per acre for each forest type by economic region for parcels classified under the Tree Growth Tax Law for tax year 2009.

 

 

.01                           Tree Growth Tax Law Valuation Schedule - 2009

 

 

COUNTY                                SOFTWOOD                           MIXED WOOD                                HARDWOOD

 

Androscoggin                  413.00                               304.00                                  229.00      

Aroostook                       110.00                              100.00                                      96.00      

Cumberland                     413.00                              303.00                                    224.00      

Franklin                           239.00                              176.00                                    172.00      

Hancock                         111.00                              111.00                                    100.00      

Kennebec                        331.00                              247.00                                    155.00      

Knox                               306.00                              207.00                                    110.00      

Lincoln                            310.00                              229.00                                    141.00               

Oxford                            259.00                              173.00                                    156.00      

Penobscot                         98.00                                94.00                                      82.00      

Piscataquis                      105.00                              109.00                                    114.00      

Sagadahoc                      370.00                              290.00                                    226.00      

Somerset                         123.00                              124.00                                    138.00      

Waldo                             325.00                              251.00                                    164.00      

Washington                       96.00                                88.00                                      74.00      

York                               413.00                              308.00                                    232.00      

 

Basis Statement

 

This rule incorporates current stumpage values into conventional and prevalent algorithms to determine the valuation of forestland by a classification and value averaging system that estimates the worth of forest land used for wood production excluding incremental value attributable to development potential.