WV Farm Bureau Magazine January 2014 | Page 40

increase property tax assessments. Reassessment is limited to occur once every ten (10) years. Only elected officials should be able to raise taxes, not appointed officials who are not held accountable to taxpayers. Taxes from farm and forestland, presently and historically, generate much more in tax revenue than they demand in services compared to suburban and urban acreage. Therefore, we support the pursuit of a fair and equitable property tax law, for rural landowners. When farm use valuation has been established by meeting federal guidelines, we recommend automatic renewal unless use or ownership changes. WVFB recommends that the State Tax Department enforce its current farm use valuation policy uniformly across the state. Timber from farm woodlots should be considered an agricultural crop for the purposes of farm use valuation. In the year that a timber sale occurs and income from timber sales from farm woodlots exceeds other agricultural production, timber sales should be pro-rated or averaged by the number of years since the last harvest, rather 23-97 HP • 5 year Warranty than on an annual basis when determining farm use valuation. We oppose any excess acreage tax as negatively affecting agriculture or economic development. We further recommend that retired farmers or farmers approaching retirement age be encouraged through tax incentives favorable with respect to the landowner to keep their farmland in production. Farm Bureau supports legislation that would allow property taxes to be paid on a monthly installment basis at the option of the landowner.  MPACT FEES I Impact fees should be used in growth counties for necessary infrastructure and for farmland protection programs. The application of impact fees should not be included in property values.  OOD TAX F WVFB supports reinstating the food tax as a broad based tax. Stalnaker Equipment We take vehicles in on trade Stalnaker Used Cars We take equipment in on trade I-79 Exit 99 one mile east on US 33; Weston Sale on all Non Tier 4 Tractors/present Inventory Relax Inn and Getaway Bed and Breakfast 915 Grass Run Road, Weston, WV 26452 Walter Stalnaker, owner Authorized LS Tractor Dealer Stalnaker Equipment 1144 Old Rt 33, Weston, WV 26452 304-269-2345 www.stalnakerequipment.com 40 West Virginia Farm Bureau News Free Night Stay with any LS Tractor Purchased through Feb. 2014 www.relaxinnandgetaway.com