So you may or may not know that farmland is taxed based on soil types and the values of crops those soils produce. The state calls it CAUV- Current Agriculture Use Valuation. Every 10 years the state recalculates the CAUV valuations based on yields, crop prices, interest rates etc. We've just been through a few years of high grain prices and of course just as the new CAUV values are recalculated prices drop.
Now this was the year my county and 27 others reevaluated property taxes and of course used the new CAUV values. My taxes went up $12- 1300 a half or about 50%. I put the check in the mail today and this afternoon OFBF sends out an email bragging that they got state to lower CAUV values.
Now here's the part that frosts me, they say we are stuck with the higher taxes for 3 years(until the next time the county updates values) but farmers in the other 60 counties won't have the same increases we have to pay. Basically there's 2 classes of farmers in the state. This will end up costing me about $7500-8000 over the next 3 years while farmers 2 miles south of me (county line) won't have to pay.
Farm Bureau has screwed me on deer hunting and now they've sold me out on taxes.
Now this was the year my county and 27 others reevaluated property taxes and of course used the new CAUV values. My taxes went up $12- 1300 a half or about 50%. I put the check in the mail today and this afternoon OFBF sends out an email bragging that they got state to lower CAUV values.
Now here's the part that frosts me, they say we are stuck with the higher taxes for 3 years(until the next time the county updates values) but farmers in the other 60 counties won't have the same increases we have to pay. Basically there's 2 classes of farmers in the state. This will end up costing me about $7500-8000 over the next 3 years while farmers 2 miles south of me (county line) won't have to pay.
Farm Bureau has screwed me on deer hunting and now they've sold me out on taxes.