Appraisers often use discounted cash flow (DCF) techniques to value timber and timberland. Land. expectation value (LEV) is a standard DCF technique applied to many timberland situations. LEV. calculates the value of bare land in perpetual timber production and is often used to value even-. aged pine plantations.
Daylight Savings Time in the United States of America starts on the second Sunday in March of each year and ends the first Sunday in November of each year. When it goes into effect each spring, clocks are moved forward by one hour at 2:00 AM standard time, and the time becomes 3:00 AM daylight savings time (DST).
The dates marking the beginning and end of daylight time have changed as Congress has passed new statutes. As of 2007, daylight time begins in the United States on the second Sunday in March and ends on the first Sunday in November. On the second Sunday in March, clocks are set ahead one hour at 2:00 a.m. local standard time (which becomes 3:00 a.m. local daylight time). On the first Sunday in November, clocks are set back one hour at 2:00 a.m. local daylight time (which becomes 1:00 a.m. local standard time). These dates were established by Congress in the Energy Policy Act of 2005, Pub.