The lease terms used accurately reflect land use in the County. There are few acres of wheat and irrigated hay and an accurate reporting system is not availalbe. Commodity prices, expense items, and capitalization rate specified by the DPT were properly used. Crop expenses are a ten-year average but taken from Lincoln County. One percent of the different land uses were physically inspected and conform with the assessment records.
Suggestions Develop a ten-year average for crop expenses within Jefferson County.
Agricultural Outbuilding and Residence Study Agricultural outbuildings were exempt in the 1999 study. The Personal Property Study was omitted in the 1999 study. Sales Verification Jefferson County maintains master sales, verified sales and qualified sales lists. Lists are maintained on a daily basis. The verification process of all sales is supplemented with a letter or phone call when TD 1000's are incomplete.