Agricultural Use Valuation *** Assessed at a set $$ per Acre the Wis Dept of Revenue gives us each year (varies slightly between townships-value per acre for Year 2009 is below $231/acre for my townships)
*** Must be used for Ag Use (tillable or pastured with cattle ) each year to qualify, minimum requirement harvest 1 crop of hay each year.( not brush cutter )
Ag Forest Valuation
***You may also qualify for Ag Forest at 50% reduced value (if you have mixed parcel of forest and tillable or pasture and was assessed tillable or pasture in 2004 tax roll).
***If you didn't have any tillable or pasture assessed in the 2004 tax roll, you have to convert 50% of the acerage to pasture or tillable to qualify for Ag Forest.
Forest Valuation
***Forest without ag land on same parcel has to be valued at full value.
***Managed Forest Program is taxed per acre according to your contract signup with DNR.