Lake County Tax Assessor Larry Reeder recently informed the commissioners recently of a payment to the county by Oregon Department of Fish and Wildlife in lieu of property taxes on agency-owned public properties.
Reeder informed the commissioners of the payment of about $7,000 during their Tuesday, Oct. 15, work session. The payment is for the special assessed value of the land, an order approved by the commissioners.
The public lands purchased by the agency pertain to wildlife refuge purposes in the Summer Lake area, a purchase made several decades prior. The action approved by the commissioners is a general and annual housekeeping item, Reeder said.
The total acreage encompassed in the Summer Lake area numbers 12,605, according to records kept by the assessor’s office.
At the time of the land purchase, a payment-in-lieu-of-taxes exchange was approved solely on the land, not any improvements that may be made upon the land, said Chief Appraiser Phil Israel.
This move was made so that the Summer Lake area taxing district would not be at a disadvantage in light of the public lands purchase.
The estimated value (not taxable value) on the property in 2013 is $711,998, whereas in 2012 the estimated value was reported at about $690,000.