2 edition of Effect of current use valuation on forestry investment returns in selected Virginia counties found in the catalog.
Effect of current use valuation on forestry investment returns in selected Virginia counties
Peter D. Gayer
by U.S. Dept. of Agriculture, Forest Service, Southern Forest Experiment Station in [New Orleans, La.]
Written in English
|Other titles||Effect of current use valuation on forestry investment returns in selected Virginia counties.|
|Statement||Peter D. Gayer, Harry L. Haney, Jr., and Clifford A. Hickman.|
|Series||Research note SO -- 332.|
|Contributions||Haney, Harry L., Southern Forest Experiment Station (New Orleans, La.)|
|The Physical Object|
|Pagination||4 p. ;|
Virginia Department of Forestry, Charlottesville, VA. 16K likes. The Virginia Department of Forestry manages State Forests, fights wildland fires, and supports forest landowners and forest industry /5(36). Code of Virginia. Table of Contents» Title Conservation» Subtitle II. Activities Administered by Other Entities» Chapter Forest Resources and the Department of Forestry» Article 2. Duties of the State Forester and General Provisions» § Purchase of lands and acceptance of gifts for forestry purposes by the State Forester; management; definition of state forests.
Because the assumed reinvestment rate goes into effect sooner – it’s applied early on generated cash flows – and the returns from this overstated IRR accumulate for more years. This reinforces why the ideal application for IRR is a project with one outgoing initial investment and one incoming cash flow at the end of the investment. The SEEA separately identifies, in the supply-use table, activities related to the forests that not recorded in the SNA forestry industry and the associated expenditures related to forest protection and management. The SEEA, as a result, describes a far more realistic array of forest sector net benefits.
Forest Valuation the comprehensive inventory of a forest and the compilation of a technical description (valuation survey and map) of stands of timber, and the determination of the stands’ age, the reserves (quantity) of timber, and the growth and volume of individual trees and parts of trees. Forest valuation concerns itself primarily with large. Virginia’s Forest Trends and Conditions Among Virginia’s Forest Trends and Conditions, three important changes for the foreseeable future were identified: population growth and demographic changes such as an aging population and increased ethnic diversity; the continued loss of forestland throughout the Commonwealth; and changes in forest ownership, particularly from one generation to the.
[ Recollections of the British Association meeting held at Oxford in June 1860; and other matters]
projection of Marylands health manpower needs through the 1980s.
delusion of militarism
Millennium development goals
Stephen Williams of Jasper County and allied families
Views on the free navigation of the St. Lawrence
Sunbury and Shepperton past and present
Criminal procedure checklists (Clark Boardman Callaghans criminal law library)
Art in action
Review of the Research Excellence Envelope (REE) for the Department of Advanced Education and Career Development
The genera Lithobius, Neolithobius, Gonibius, and Zinapolys in America north of Mexico
Death the end of all men
Christ our hope
Mickey is happy
This method of assessment can maintain forestry as an attractive investment when it would not be otherwise. Citation: Gayer, Peter D.; Haney, Harry L., Jr.; Hickman, Clifford A.
Effect of Current-Use Valuation on Forestry Investment Returns in Selected Virginia Counties. Res. Note SOAuthor: Peter D.
Gayer, Harry L. Haney, Clifford A. Hickman. Get this from a library. Effect of current use valuation on forestry investment returns in selected Virginia counties. [Peter D Gayer; Harry L Haney; Clifford A Hickman.
Virginia Department of Forestry (VDOF) manages State Forests, enforces forestry laws, fights wildfires, performs forest resource planning and forestry outreach education in forest stewardship, and forest industry economic development. The districts are a way for counties to encourage the use of land for agriculture and/or forestry activities.
Only landowners who agree to limit development of the property during the number of years the district is in effect, which is from four to 10 years, can initiate the district.
At least acres are required to form a district. Framework are applicable to the valuation of forests. The discussion that follows indicates some of the strengths and weaknesses of methods under each approach in the context of valuing forestry interests.
Please indicate which of the methods discussed you most commonly encounter in the valuation of forestry interests. About the Agency. The Virginia Department of Forestry has professional foresters and technicians assigned to every county and city to provide landowner services, wildfire protection and timber harvest inspections to ensure water quality.
Faculty Publications Forestry Basic Concepts in Forest Valuation and Investment Analysis Steven H. Bullard Stephen F. Austin State University, Arthur Temple College of Forestry and Agriculture, [email protected] Thomas J.
Straka Follow this and additional works at: by: At the time of rendering such quarterly returns, the manufacturer or severer liable for the tax shall pay to the Department the forest products tax on all forest products severed from the soil in this Commonwealth and embraced in such return.
Code§ ;c. 61;c. ;c. ;c. ;c. ;c. Virginia use-value assessment for ag and horticulture, forestry, open space, and ag rental rates. Current estimates by county/city. The theory of real options is used to model the optimal tree harvesting decision.
The value of the option to harvest is estimated using a dynamic programming approach and a general numerical solution technique suitable for any type of stochastic process for by: Qualified North Carolina owners of soundly managed commercial forestland have been eligible for property tax reductions since through the state’s forestry present-use property tax program.
To be eligible for Forestry Present Use Valuation, qualified forestland must be actively engaged in the commercial growing of trees under sound management (NC General Statues This book was originally intended to supplement lectures in forestry economics at the undergraduate level.
It’s currently used for that purpose in ‘Forest Resource Economics’ courses at several universities. The book is also intended, however, to serve as a basic reference for foresters with experience in valuation and investment analysis concepts and by: 2.
Representation on forestry interests before the Virginia General Assembly, U.S. Congress, and local governments as well as government forestry and natural resources boards, committees, and task forces.; Action to address state forestry topics such as the forest products tax and reforestation program, federal issues involving truck weights, clean water and air, endangered species and forestry.
Another way to use the present value of the costs and revenues to determine the present worth of a project or investment is the benefit/cost (B/C) ratio. Here, we simply divide the present value (PV) of the revenues by the PV of the costs: B/C = PV Revenues / PV Costs.
This calculation gives you a "bang for your buck" estimate. Valuation tools & information. Data Collection Assessor Manual; Value analysis tools; Utility valuation; Forest valuation; State Board of Real Property Tax Services; Forestry valuation.
Bare Land Schedule; Stumpage; Waterfront. long-term investment strategy. • Forestry is attracting new strategic investor interest as wood-based biomass is seen as a vital renewable energy resource. Given this interest, our study attempts to shed light on the fair valuation of standing timber for financial File Size: KB.
environmental analysis of forestry and other investment development projects to a mandatory level (Vaughan and Ardila, ; Belli et al., ; Munasinghe and Lutz, ). In response, economists have developed a range of valuation techniques that facilitate the use of monetaryFile Size: KB.
West Virginia’s forests also provide millions of dollars of benefits in improved air and water quality along with improved quality of life for West Virginia residents. There is no doubt that West Virginia’s forests are a critical link to West Virginia’s future.
Introduction West Virginia is. – Why Use-Value Estimates Differ: Comparing Halifax and Pittsylvania Counties () – Use-Value Taxation in Virginia: A Brief Discussion () – Results of the Agricultural and Horticultural Use -Value Taxation Program Survey () – Measuring the Impact of Use-Value Taxation for Northampton County, Virginia ().
While there are many reports and much dubious data on the investment impact of global warming (Mercers suggests it will affect annual investment returns over the next 35.
Financial impact of current-use assessment of forest land in Virginia. New Orleans, La.: U.S. Dept. of Agriculture, Forest Service, Southern Forest Experiment Station,  (OCoLC)West Virginia Investment in State's Cooperative Programs Program FY Final Community Forestry and Open Space $0 Cooperative Lands - Forest Health Management $, Forest Legacy $68, Forest Stewardship $, Landscape Scale Restoration $0 State Fire Assistance $, Urban and Community Forestry $, Volunteer Fire.Thus, the investment example will be an acceptable project if the landowner-taxpayer has an alternative rate that does not exceed the percent IRR, after-tax.
At a percent discount rate, the benefit/cost ratio is ; that is, the investment returns $ for every $1 invested in present value terms, after-tax.