Chapter 61: Farmland Valuation Advisory Commission Clarification

DOR has issued the following:

Farmland Valuation Advisory Commission Clarification
Christmas Tree Recommended Value

A question has arisen about the Farmland Valuation Advisory Commission’s (FVAC) recommended values for Christmas Trees for fiscal year 2009. The FVAC recommended value is $108 per acre for both MGL ch.61 and ch.61A (class codes 601 and 717). This applies to Christmas Tree farms both east and west of the Connecticut River and for all soil ratings.

The Productive Woodland, class code 601 Forest Land Chapter 61, recommended FVAC value is $173 per acre west of the Connecticut River and $108 per acre east of the Connecticut River.