Assessor: David M. Thomas
Assessor General Information/ What is Current Use Assessment?
|RCW Chapter 84.34
provides special consideration to property owners wishing to have land
assessed for taxation purposes on the basis of its current use rather
than its fair market value. The Open Space Act provides for current use
appraisal of farm and agricultural land, timberland and open space land.
Applications for classification are made to the Assessor for farm and
agricultural land and to the county legislative authority for open space
and timberland. Once land is classified, taxes are based on the current-use
value rather than highest and best use. The Assessor must maintain the
current use value for as long as the property remains classified. At the
same time, a record of the fair market value of the property is kept.
The difference between the current-use value and the fair market value
becomes the basis for computing the amount of additional taxes, penalties
and interest that may become payable upon a change of use or removal from