COMPARISON & ESTIMATE OF AGRICULTURAL VALUES FROM 2008 TO 2009

 

TYPICAL FAMILY FARM

2008

2009

Net Change %

Assessed Value

Rollback

Taxable Value

Assessed Value

Rollback

Taxable Value

Assessed Value

Taxable Value

Ag Land

$38,850

0.939

$36,480

$55,462

0.655

$36,328

42.8%

-0.4%

Ag Buildings

$6,800

0.939

$6,385

$6,500

0.655

$4,258

-4.4%

-33.3%

Dwelling

$39,300

0.456

$17,920

$42,500

0.474

$20,145

8.1%

12.4%

Total

$84,950

$60,785

$104,462

$60,731

23.0%

-0.1%

LARGE FAMILY FARM

2008

2009

Net Change %

Assessed Value

Rollback

Taxable Value

Assessed Value

Rollback

Taxable Value

Assessed Value

Taxable Value

Ag Land

$39,296

0.939

$36,899

$55,997

0.655

$36,678

42.5%

-0.6%

Ag Buildings

$152,000

0.939

$142,728

$188,900

0.655

$123,730

24.3%

-13.3%

Dwelling

$66,100

0.456

$30,140

$71,700

0.474

$33,986

8.5%

12.8%

Total

$257,396

$209,767

$316,597

$194,394

23.0%

-7.3%

HOG CONFINEMENT

2008

2009

Net Change %

Assessed Value

Rollback

Taxable Value

Assessed Value

Rollback

Taxable Value

Assessed value

Taxable Value

Ag Land

$4,000

0.939

$3,756

$5,700

0.655

$3,734

42.5%

-0.6%

Ag Buildings

$176,100

0.939

$165,358

$228,300

0.655

$149,536

29.6%

-9.7%

Total

$180,100

$169,114

$234,000

$153,270

29.9%

-9.4%

LAND ONLY

2008

2009

Net Change %

Assessed Value

Rollback

Taxable Value

Assessed Value

Rollback

Taxable Value

Assessed Value

Taxable Value

Ag Land - 92 CSR

$44,770

0.939

$42,039

$64,187

0.655

$42,042

43.4%

0.0%

Ag Land - 84 CSR

$40,000

0.939

$37,560

$57,200

0.655

$37,466

43.0%

-0.3%

Ag Land - 75 CSR

$36,903

0.939

$34,652

$53,434

0.655

$34,999

44.8%

1.0%

Ag Land - 64 CSR

$30,842

0.939

$28,960

$44,632

0.655

$29,234

44.7%

0.9%

 

***This spreadsheet is an example only of typical ag assessments.  Property taxes are determined by application of a levy rate to the taxable value.  Levy rates are determined by budgets for local schools, county & municipal government, and other public bodies.  Levies are not determined by the assessor.