Current Use

Current Use

Policy

Use Value Appraisal, also known as Current Use, is a state tax program first implemented in 1980. The legislation allows land in forest or agricultural use to be taxed at a lower value than developed lands. Lawmakers created the policy to slow commercial and residential development and to encourage farm and forest land use in the state. A third of Vermont’s total land area, or more than 2.3 million acres, is currently enrolled in this program.

fsaseminar_403