Date of Adoption: December 21, 2000.

Purpose: WAC 458-40-540 contains the forest land values for 2001. County assessors use these published land values for property tax assessments made January 1, 2001. A 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 Forest land values -- 2001.

Statutory Authority for Adoption: RCW 82.32.300 and 84.33.096.

Other Authority: RCW 84.33.120.

Adopted under notice filed as WSR 00-22-094 on October 31, 2000.

Number of Sections Adopted in Order to Comply with Federal Statute: New 0, Amended 0, Repealed 0; Federal Rules or Standards: New 0, Amended 0, Repealed 0; or Recently Enacted State Statutes: New 0, Amended 0, Repealed 0.

Number of Sections Adopted at Request of a Nongovernmental Entity: New 0, Amended 0, Repealed 0.

Number of Sections Adopted on the Agency's Own Initiative: New 0, Amended 0, Repealed 0.

Number of Sections Adopted in Order to Clarify, Streamline, or Reform Agency Procedures: New 0, Amended 0, Repealed 0.

Number of Sections Adopted Using Negotiated Rule Making: New 0, Amended 0, Repealed 0; Pilot Rule Making: New 0, Amended 0, Repealed 0; or Other Alternative Rule Making: New 0, Amended 1, Repealed 0.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 84.33.120 requires that the forest land values be annually adjusted by rule effective January 1st of each year.Effective Date of Rule: January 1, 2001.

December 21, 2000

Claire Hesselholt

Rules Manager

Legislation and Policy Division

OTS-4496.1

AMENDATORY SECTION(Amending WSR 00-02-018, filed 12/27/99, effective 1/1/00)

WAC 458-40-540   Forest land values -- ((2000)) 2001.   The forest land values, per acre, for each grade of forest land for the ((2000)) 2001 assessment year are determined to be as follows:

LAND GRADE	OPERABILITY CLASS		((2000)) 2001 VALUES ROUNDED
1	1 2 3 4	(($245)) $234 ((239)) 229 ((227)) 217 ((164)) 157
2	1 2 3 4	((207)) 198 ((199)) 190 ((191)) 183 ((138)) 132
3	1 2 3 4	((161)) 154 ((156)) 149 ((155)) 148 ((118)) 113
4	1 2 3 4	((122)) 117 ((119)) 114 ((118)) 113 ((90)) 86
5	1 2 3 4	((89)) 85 ((82)) 78 ((81)) 77 ((54)) 52
6	1 2 3 4	((45)) 43 ((41)) 39 ((41)) 39 ((39)) 37
7	1 2 3 4	((22)) 21 ((22)) 21 ((21)) 20 ((21)) 20
8		1

[Statutory Authority: RCW 82.32.300, 84.33.096 and 84.33.120. 00-02-018, 458-40-540, filed 12/27/99, effective 1/1/00; 99-02-030, 458-40-540, filed 12/30/98, effective 1/1/99; 98-02-014, 458-40-540, filed 12/30/97, effective 1/1/98; 97-07-041, 458-40-540, filed 3/14/97, effective 4/14/97; 96-02-055, 458-40-540, filed 12/29/95, effective 1/1/96. Statutory Authority: RCW 82.32.300 and 84.33.120. 95-02-039, 458-40-540, filed 12/30/94, effective 1/1/95. Statutory Authority: RCW 82.32.300. 94-02-046, 458-40-540, filed 12/30/93, effective 1/1/94. Statutory Authority: RCW 84.33.120. 93-02-024, 458-40-540, filed 12/31/92, effective 1/1/93; 91-24-026, 458-40-540, filed 11/26/91, effective 1/1/92. Statutory Authority: RCW 84.33.120 and 84.08.010. 90-24-012, 458-40-540, filed 11/27/90, effective 12/28/90; 89-23-095, 458-40-540, filed 11/21/89, effective 12/22/89. Statutory Authority: RCW 84.33.120 and 84.33.130. 88-23-055 (Order FT-88-3), 458-40-540, filed 11/15/88; 87-22-068 (Order FT-87-3), 458-40-540, filed 11/4/87. Statutory Authority: Chapter 84.33 RCW. 87-02-023 (Order 86-4), 458-40-540, filed 12/31/86.]

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