State Tax Commissioner Chris Morris has submitted the Tentative Natural Resource Property Tax Valuation Variables for Tax Year 2010 to the Secretary of State’s Office and are available for comment until August 1, 2009. These variables are published annually for use in appraising coal, oil, natural gas, managed timberland and other natural resource properties for property tax purposes. After reviewing comments, the Department will publish final variables on or before September 2nd. Comments should be sent to: The West Virginia Tax Department; Property Tax Division; Attention-Natural Resource Appraisal Section; P.O. Box 2389; Charleston, WV 25328-2389. Copies of the tentative variables for coal properties are available at the Association office and can be electronically distributed upon request.
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