Acres enrolled in Fauquier’s land-use valuation program that provides significant tax breaks for rural property meeting criteria in one of these categories:
• Ag/Forestal District*, 66,478 acres.
• Agriculture, 41,062 acres.
• Forestry, 35,537 acres.
• Open space, 54,257 acres.
That totals about half of the county. Fauquier tax “deferments” would total $13.7 million under the county administrator’s proposal fiscal 2019 budget.
If an owner converts enrolled property to more intensive use, that requires payment of five years’ worth of “rollback” taxes at full-market value.
* Under the Ag/Forestal District program, landowners pledge not to develop the property for at least eight years. Enrollment in one of Fauquier’s 13 ag/forestal districts requires board of supervisors’ approval.