WSR 97-02-066
PERMANENT RULES
DEPARTMENT OF REVENUE
[Filed December 31, 1996, 9:37 a.m., effective January 1, 1997]
Date of Adoption: December 31, 1996.
Purpose: To provide county assessors with the rate of interest and property tax component that will be used in valuing farm and agricultural land classified under chapter 84.34 RCW during assessment year 1997.
Citation of Existing Rules Affected by this Order: Amending WAC 458-30-262 Agricultural land valuation--Interest rate--Property tax component.
Statutory Authority for Adoption: RCW 84.34.065, 84.34.141.
Other Authority: RCW 84.08.010, 84.34.070.
Adopted under notice filed as WSR 96-23-056 on November 19, 1996.
Number of Sections Adopted in Order to Comply with Federal Statute: New 0, amended 0, repealed 0; Federal Rules or Standards: New 0, amended 0, repealed 0; or Recently Enacted State Statutes: New 0, amended 0, repealed 0.
Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, amended 0, repealed 0.
Number of Sections Adopted on the Agency's own Initiative: New 0, amended 0, repealed 0.
Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, amended 0, repealed 0.
Number of Sections Adopted using Negotiated Rule Making: New 0, amended 0, repealed 0; Pilot Rule Making: New 0, amended 0, repealed 0; or Other Alternative Rule Making: New 0, amended 1, repealed 0.
Other Findings Required by Other Provisions of Law as Precondition to Adoption or Effectiveness of Rule: RCW 84.34.065 directs the department to annually determine and publish a rate of interest prior to January 1st each year for use in that assessment year.
Effective Date of Rule: January 1, 1997.
December 31, 1996
Claire Hesselholt
Rules Manager
Legislation and Policy Division
AMENDATORY SECTION (Amending WSR 96-01-095, filed 12/19/95, effective
1/1/96)
WAC 458-30-262 Agricultural land valuation--Interest rate--Property
tax component. For assessment year ((1996)) 1997, the interest rate and
the property tax component that are to be used to value classified farm
and agricultural lands are as follows:
(1) The interest rate is ((9.27)) 9.2 percent; and
(2) The property tax component for each county is:
COUNTY PERCENT COUNTY PERCENT
((Adams 1.48 Lewis 1.33
Asotin 1.70 Lincoln 1.54
Benton 1.45 Mason 1.34
Chelan 1.42 Okanogan 1.43
Clallam 1.25 Pacific 1.35
Clark 1.38 Pend Oreille 1.34
Columbia 1.50 Pierce 1.63
Cowlitz 1.19 San Juan 0.84
Douglas 1.35 Skagit 1.26
Ferry 1.23 Skamania 1.09
Franklin 1.57 Snohomish 1.28
Garfield 1.39 Spokane 1.55
Grant 1.50 Stevens 1.16
Grays Harbor 1.49 Thurston 1.38
Island 0.93 Wahkiakum 1.17
Jefferson 1.26 Walla Walla 1.49
King 1.30 Whatcom 1.28
Kitsap 1.19 Whitman 1.66
Kittitas 1.22 Yakima 1.53
Klickitat 1.14))
Adams 1.44 Lewis 1.24
Asotin 1.56 Lincoln 1.53
Benton 1.38 Mason 1.26
Chelan 1.37 Okanogan 1.38
Clallam 1.17 Pacific 1.28
Clark 1.39 Pend Oreille 1.34
Columbia 1.36 Pierce 1.59
Cowlitz 1.20 San Juan 0.81
Douglas 1.36 Skagit 1.23
Ferry 1.16 Skamania 1.05
Franklin 1.58 Snohomish 1.33
Garfield 1.52 Spokane 1.54
Grant 1.46 Stevens 1.18
Grays Harbor 1.42 Thurston 1.49
Island 0.95 Wahkiakum 1.17
Jefferson 1.17 Walla Walla 1.50
King 1.38 Whatcom 1.26
Kitsap 1.41 Whitman 1.72
Kittitas 1.12 Yakima 1.40
Klickitat 1.12
[Statutory Authority: RCW 84.34.065, 84.34.141, 84.08.010 and 84.34.070. 96-01-095, 458-30-262, filed 12/19/95, effective 1/1/96. Statutory Authority: RCW 84.34.065, 84.34.141, 84.08.010 and 84.08.070. 95-09-041, 458-30-262, filed 4/14/95, effective 5/15/95. Statutory Authority: RCW 84.08.010, 84.08.070 and 84.34.065. 94-05-062, 458-30-262, filed 2/11/94, effective 3/14/94. Statutory Authority: RCW 84.08.010 and 84.08.070. 93-07-067, 458-30-262, filed 3/17/93, effective 4/17/93; 92-03-068, 458-30-262, filed 1/14/92, effective 2/14/92; 91-04-001, 458-30-262, filed 1/24/91, effective 2/24/91; 90-24-087, 458-30-262, filed 12/5/90, effective 1/5/91. Statutory Authority: RCW 84.08.010(2) and 84.34.141. 90-02-080 (Order PT 90-1), 458-30-262, filed 1/2/90, effective 2/2/90.]