What is the maximum percent change in conservation use values permitted by the DOR for each county?

Study for the Appraiser I and II Exam. Prepare with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for your exam!

The maximum percent change in conservation use values permitted by the Department of Revenue (DOR) for each county is set at 3%. This threshold reflects the balance the DOR aims to achieve between allowing some flexibility in land valuation due to market fluctuations while maintaining a structured approach to conservation values. Limiting the change to 3% helps provide stability to landowners under conservation use agreements, ensuring that values do not swing dramatically year to year, which could disrupt long-term planning and land use strategies.

By having this cap, it encourages landowners to engage in conservation programs without fear of significant shifts in property value assessments, thereby supporting agricultural and conservation efforts across counties. The percent change is a policy decision aimed at fostering sustainable land management practices while considering economic conditions.

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