18         DEPARTMENT OF ADMINISTRATIVE AND FINANCIAL SERVICES

 

125                                                                  Bureau of Revenue Services

Chapter 202-11                                   Tree Growth Tax Law Valuations - 2011

 

Summary:               Title 36, M.R.S.A., section 576 requires that 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 2011.

 

 

.01                           Tree Growth Tax Law Valuation Schedule - 2011

 

 

COUNTY                               SOFTWOOD                           MIXED WOOD                                HARDWOOD

 

Androscoggin                428.00                              327.00                                    236.00      

Aroostook                      123.00                              123.00                                    128.00      

Cumberland                   428.00                              327.00                                    236.00      

Franklin                          308.00                              221.00                                    212.00      

Hancock                         118.00                              118.00                                    105.00      

Kennebec                       322.00                              261.00                                    176.00      

Knox                              322.00                              261.00                                    176.00      

Lincoln                           322.00                              261.00                                    176.00      

Oxford                           308.00                              221.00                                    212.00      

Penobscot                       118.00                              118.00                                    105.00      

Piscataquis                     123.00                              123.00                                    128.00      

Sagadahoc                      428.00                              327.00                                    236.00      

Somerset                        123.00                              123.00                                    128.00      

Waldo                            322.00                              261.00                                    176.00      

Washington                    118.00                              118.00                                    105.00      

York                               428.00                              327.00                                    236.00      

                                            

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.