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TABLE 2.114-2

VALUE REDUCTION AND CURRENT USE ASSESSMENT

VALUATION SCHEDULE TABLE

True and Fair Market Value

Percent Value Reduction

Current Use Assessment

Point System

100%

0%

100%

0 – 2 points

100%

20%

80%

3 points

100%

30%

70%

6 points

100%

40%

60%

9 points

100%

50%

50%

12 points

100%

60%

40%

15 points

100%

70%

30%

18 points

100%

80%

20%

20 points

100%

90%

10%

25 points or more

(Ord. 98-114S § 3 (part), 1999)