Real Estate Continuing Education License Renewals and CE. Completing your real estate CE credentials can be daunting, and todays real estate markets mean youre. Franklin County Auditor Current Agricultural Use Valuation CAUV Program. The Current Agricultural Use Value CAUV program allows farmland devoted exclusively to commercial agriculture to be valued based on the agricultural use of the land rather than its highest and best potential use, resulting in a substantially lower tax bill for working farmers. Any Ohio property owner currently engaged in commercial agriculture may qualify for the program. An initial application may be filed with the Franklin County Auditors Office between the first of January and prior to the first Monday in March of the tax year seeking CAUV valuation. Annual field inspections are performed to determine continuing qualification of each parcel in the county currently enrolled in the CAUV program. ORC 5. 71. 3. 3. 0 5. How to qualify for the program To qualify, land totaling 1. All land totaling less than 1. Any Ohio property owner may file an initial application DTE1. January and prior to the first Monday in March to enroll in the CAUV program. The land must be devoted to a commercial agricultural use during the three years prior to filing an initial application. How to remain on the program A renewal application must be filed every year before the first Monday in March to continue in the CAUV program. Annual field inspections are performed and each parcel in the program is visually inspected for continuing compliance. How CAUV Value is calculated Each soil type in Franklin County has a value per acre associated with it. Using the Franklin County Geographic Information System GIS, soil maps are created for each parcel. The land value is then calculated depending on the different soil types, the acreage and the value associated with each type. Click here to learn more at dons website. click here to buy at government auctions click on your state for dealer license requirements. Online Real Estate and Property Search. News Release, January 20, 2016. Clinton County Auditor Terry Habermehl today announced that Current Agricultural Use Value. This land value is used in calculating the annual taxes. Failure to qualify Failure to qualify is a result of converting CAUV land to a non agricultural use or not filing the annual renewal form. Land that no longer qualifies for CAUV is assessed a recoupment charge upon removal from the program. Recoupment is equal to the previous three years tax savings. A tax savings is the difference between the market value of the land and the CAUV value of the land for each parcel in a tax year. For more information about the CAUV program contact the Franklin County Auditors Office at 6. Margie German at mkgermanfranklincountyohio.
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