WSR 98-02-014

PERMANENT RULES

DEPARTMENT OF REVENUE

[Filed December 30, 1997, 10:47 a.m., effective January 1, 1998]

Date of Adoption: December 30, 1997.

Purpose: WAC 458-40-540 contains the forest land values for the first half of 1998. County assessors use these published land values for property tax assessments made January 1, 1998. Statutory formula adjusts values annually and requires adoption by the beginning of January each year.

Citation of Existing Rules Affected by this Order: Amending WAC 458-40-540.

Statutory Authority for Adoption: RCW 82.32.300 and 84.33.096.

Other Authority: RCW 82.33.120.

Adopted under notice filed as WSR 97-22-035 on October 30, 1997.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, amended 0, repealed 0; Federal Rules or Standards: New 0, amended 0, repealed 0; or Recently Enacted State Statutes: New 0, amended 0, repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, amended 0, repealed 0.

Number of Sections Adopted on the Agency's own Initiative: New 0, amended 0, repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, amended 0, repealed 0.

Number of Sections Adopted using Negotiated Rule Making: New 0, amended 0, repealed 0; Pilot Rule Making: New 0, amended 0, repealed 0; or Other Alternative Rule Making: New 0, amended 1, repealed 0.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: The forest land value rule is required by statute (RCW 84.33.120) to be effective on January 1st of each year.

Effective Date of Rule: January 1, 1998.

December 30, 1997

Russell W. Brubaker

Assistant Director

AMENDATORY SECTION (Amending WSR 97-07-041, filed 3/14/97, effective 4/14/97)

WAC 458-40-540 Forest land values--((1997)) 1998. The forest land values, per acre, for each grade of forest land for the ((1997)) 1998 assessment year are determined to be as follows:

((1997))

1998

land operability values

grade class rounded

1 (($232)) $245

1 2 ((226)) 238

3 ((215)) 227

4 ((156)) 164

1 ((196)) 207

2 2 ((188)) 198

3 ((180)) 190

4 ((131)) 138

1 ((153)) 161

3 2 ((148)) 156

3 ((146)) 154

4 ((112)) 118

1 ((116)) 122

4 2 ((113)) 119

3 ((112)) 118

4 ((85)) 90

1 ((84)) 89

5 2 ((78)) 82

3 ((77)) 81

4 ((51)) 54

1 ((43)) 45

6 2 ((39)) 41

3 ((39)) 41

4 ((37)) 39

1 ((21)) 22

7 2 ((21)) 22

3 ((20)) 21

4 ((20)) 21

8 1