Presentation from DEC State Forester: The 480a Forest Tax Law

New York Forest Owners Association and CCE- Cattaraugus County invite you to join them on Saturday, November 8th for an opportunity to participate in a free presentation to better understand the 480a Forest Tax Law.

Many woodland owners, when facing financial challenges, such as increasing property taxes or a significant family financial need, look to their forested property for a solution. Selling all or a portion of the wooded property or making a quick decision on a large timber harvest are options that may come to mind. However, forest property is a valuable natural resource as well as a long-term financial asset that should be retained whenever possible. Considering a property tax reduction offers another option.

The 480a Forest Tax Law offers an opportunity to reduce annual property taxes on the portion of property that is forested while encouraging long term management of the woodland. A minimum of 50 acres of contiguous forest is required for eligibility.

Attendance offers the opportunity to hear a DEC state forester explain details of the program, ask questions, and help woodland owners decide if the program meets their needs.

Presenter: Chris Enser, DEC forester