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Chittenden, Alfred K. (Alfred Knight), 1879-1930 / The taxation of forest lands in Wisconsin
(1911)

Examples of actual taxation,   pp. 21-27 PDF (1.8 MB)


Page 21


THE TAXATION OF FOREST LANDS mw WISCONSIN.
                   EXAMPLES OF ACTUAL TAXATION.
   The following are a few typical examples from a large number of
 cases, comparing the assessed value with the actual value.
   On one forty in one of the northernmost counties an estimate of the
 timber shows 765,000 board feet of white pine and 85,000 board feet of
 red pine, with a little scattering of hardwoods, mostly birch and maple.
 The value of the timber is easily $6,715, and the value of the land is
 placed at a little less than $4 per acre, or $150 for the forty, making
a
 total estimated value of $6,865. The assessed value in 1909 was placed
 at $3,450, or practically 50 per cent of the true value. The tax rate in
 this case was .0246.
   On another forty the estimated stand of timber is 810,000 board feet
of white pine and 90,000 board feet of red pine, with practically no
hardwoods in mixture. The stumpage value of the timber is conserva-
tively placed at $7,110 and the value of the land at $150, making an
estimated true value for the forty of $7,260. The assessed value in 1909
was $1,200 or 16 per cent of the true value. The tax rate in this case
was .0242.
  A very large number of forties in this county are assessed at a flat
rate of $1,200, which makes a variation of from 16 to 60 per cent of the
estimated true value of the forty.
  The hardwood land is assessed at about the same ratio to its true
value as the pine land. One forty, containing 100,000 board feet of
hemlock, 10,000 board feet of basswood, and 160,000 board feet of
birch, is estimated to be worth $800 for the timber alone. Adding $150
for the land gives a total value of $950. The assessed value in 1909 was
$260 or 27 per cent of the estimated true value. The tax rate in this
case was .0338.
  One forty in another county has a stand of 540,000 board feet of
white pine and 20,000 board feet of red pine. The timber itself is
worth $6,680 and the land about $80, making a total value of $6,760.
The forty was assessed at $2,418 in 1909 or about 36 per cent of its true
value. The tax rate was .044.
  Another forty contains 800,000 board feet of white pine which is
worth $9,600. The land is worth about $2 per acre, making a total of
$9,680. The assessed value is $2,780 or 28.7 per cent, and the tax rate
was .044.
  A high assessment appears in another forty which has a stand of
110,000 board feet of white pine worth approximately $1,320. The
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