Average Hardwoods: Stands average 35% 

 sawlogs. 



Poor Hardwoods: Stands average un- 



der 25% sawlogs. 



Table XIII-W 

 IMMATURE HARDWOOD APPRAISAL GUIDE 





100% fair market value in 

 dollars per acre ' 



Logging class 

 and access 



Age 21-30 stocking 



Age 31-40 stocking 





Good 



Medium 



Good 



Medium 



FAVORABLE 



AVERAGE 



POOR 



$15.00 



10.00 



5.00 



$10.00 

 5.00 

 3.00 



$35.00 

 25.00 

 15.00 



$25.00 

 15.00 

 10.00 



Table XIV-W 



MATURE HARDWOOD APPRAISAL GUIDE 



Retail Values 





100% fair market value in 

 dollars per M bd. ft. 



Logging class 

 and access 



Hardwoods timber quality 





Good 



Average 



Poor 



FAVORABLE ___. 



AVERAGE 



POOR 



$14.00 

 9.00 

 4.00 



$12.00 

 7.00 

 2.00 



$ * 

 4.00 

 1.00 



1 Refer to Table III-W for land values. 



*Not applicable to entirely pulp stands. 



For wholesale rates apply the percentages as outlined for 

 mature timber on page 40 of the State Timber & Timber 

 Land Appraisal manual. 



December 2, 1965. — as revised 4-18-66. 



WEST VIRGINIA 



"All property must be classified as of the first 

 day of the taxable year as follows : 



Class I shall include all tangible personal 

 property employed exclusively in agri- 

 culture . . . 

 Class II shall include ... all farms, includ- 

 ing land used for horticulture and graz- 

 ing, occupied and cultivated by their 

 owners or bona fide tenants; 

 Class III shall include all real and personal 

 property situated outside of municipali- 

 ties, exclusive of Classes I and II prop- 

 erty ; . . . 

 Class IV shall include all real and personal 

 property situated outside of municipali- 

 ties, exclusive of Classes I and II prop- 

 erty. 

 "For the purpose of giving effect to the tax 

 limitation amendment, particularly with re- 

 spect to the classification of property, the 

 statute laws . . . are to be interpreted in ac- 

 cordance with the following definitions . . . : 

 "Farm" shall mean a tract or contiguous 

 tracts of land used for agriculture, horti- 

 culture or grazing. 



"Occupied and cultivated" shall mean sub- 

 jected as a unit to farm purposes, whether 

 used for habitation or not, and although 

 parts may be lying fallow, in timber or in 

 waste lands." 

 "Generally, some timber lands used in con- 



nection with a farm may be entitled to a pre- 

 ferred classification, but large tracts of cutover 

 land and timber lands not used in connection 

 with a farm, are not entitled to the preferred 

 classification." 1 (pp. 39, 40) 



Guide for West Virginia Assessors, 



State Tax Commissioner, 1958. 

 If timber is in a tract of sufficient size to have 

 commercial value it is classified as Class III 

 property. Some timberlands used in connection 

 with farming are classified as Class II prop- 

 erty. 



Tracts are considered as within the commer- 

 cial timber classification if they will cut out 

 3,000 board feet or more per acre with trees 

 measuring 12 inches or more at a point 12 

 inches above the ground on the high side. The 

 assessors have been advised to value standing 

 timber at its true and actual value per thousand 

 board feet. Major operators are requested to 

 submit annual depletion reports to the assessor 

 in order that the valuation can be accurately 

 adjusted each assessment year. 



Communication from Assessment Equal- 

 ization Division, 



State Tax Commissioner's Office. 



Jan. 5, 1966. 



1 Under the Tax Limitation Amendment to the State 

 Constitution adopted in 1932, maximum rates of levies 

 per $100 valuation apply as follows: Class I 50 cents, 

 Class II $1.00, Class III $1.50, Class IV $2.00. 



87 



