480-a Enrollment Incentive
480-a, the New York Forest Tax Law, is a property tax reduction program for those owning at least 50 wooded acres. You can get up to an 80% reduction in your taxes if you commit to 10 or more years of timber management.
Woodland owners in the New York City Watershed can get funding from the Watershed Agricultural Council to help them enroll in 480-a. The funding helps pay for your property’s management plan, which 480-a requires you to have.
To find out if your property is in the NYC Watershed, please contact our office at 607-865-7790.
Once you’ve enrolled in 480-a, send WAC a copy of your 480-a certificate of approval, management plan, and work schedule. WAC will send you a check for your cost-share amount within 30 days.