According to Albemarle County, as of 1 October 2008, there were "4,981 tax parcels in the Use Value Tax Program."
As over 60% of the property in Albemarle County is in land use, the meeting was well attended.
The Albemarle Board of Supervisors then considered the Land Use Revalidation Program. This program would require land owners receiving land use taxation to revalidate their land use every 2 years. County Assessor Bruce Woodzell walked the Supervisors through the potential implementation steps for the program. The supervisors each expressed their desire to keep the forms simple but to adequate to confirm the use.
The Albemarle County Board of Supervisors approved an ordinance last year — designed to make sure residents aren’t abusing the county’s land-use taxation program — which allows county officials to look over the shoulders of landowners who claim tax benefits for rural, undeveloped land.
Applicants will have until Sept. 1 to send their revalidation forms back to the county without a penalty. The forms could be sent to the county between Sept. 2 and Dec. 5 with a $125 fee. If the revalidation forms aren’t received by Dec. 5, participants will be purged from the program and required to pay back the money saved from the tax benefits over the past five years, plus interest, which could total thousands or tens of thousands of dollars.
Have you seen the Land Use Revalidation form? I am curious as to what small rural landowners’ thoughts are regarding this program. I have talked to a couple folks who are debating selling their land in order to move out of Albemarle due to this new regulation. How widespread is this sentiment?
C. Continuation of valuation, assessment and taxation under this article shall depend on the continuance of the real estate in the use for which classification is granted, continued payment of taxes as referred to in Virginia Code § 58.1-3235, continued revalidation every second tax year as provided in subsection (D) below, and compliance with the other requirements of this article and Article 4 of Chapter 32 of Title 58.1 of the Code of Virginia, and not upon continuance of the same owner of title to the land.
D. A parcel’s eligibility for use value assessment shall be revalidated every two years during the second tax year of each two-year revalidation cycle. A revalidation form shall be filed with the local assessing officer on or before September 1 of the year preceding the two-year period for which the revalidation is sought, on forms prepared by the county. A separate revalidation form shall be filed for each parcel receiving a use value assessment. Late filing of a revalidation form may be made on or before December 5 of the year preceding the two-year period for which the revalidation is sought, upon payment of a late filing fee of one hundred twenty-five dollars ($125.00).