News

Agricultural Assessment Formulas To Change

Photo: clipart.com

Spencer, IA: (Feb. 11, 2014) – A change is coming in how Iowa farm ground is assessed.

Clay County Assessor John Lawson says the State of Iowa has a new adjustment formula for agricultural assessments, and that Clay County will use that formula in 2014.

Lawson says the big change is how productive crop ground is assessed versus non-crop ground. He says the change came on the recommendation of a study group composed of the Iowa Farm Bureau and other commodity groups. He says that study committee felt that non-productive ground, like timber or pasture, was assessed at too high a rate, compared to corn ground.
Lawson says shifting the assessment formula is intended to even things out.

Lawson says a typical farmer who owns a variety of land won’t see much of a change. Others will.

Lawson says everyone with a building site will see a reduction because it will be considered non-crop ground under the new assessment.
State law requires that all real property be reassessed every two years.

Local Headlines

in Local

Emmetsburg Car Burglaries

Fresh
Police

Emmetsburg Police are investigating a rash of vehicle burglaries...

in Local

Hillshire Plant Assault

News Arrest1240 1

A Texas man is jailed after an assault...

in Local

Alta Barn Fire

Updated
Fire1240

Numerous fire departments battle a barn fire...

in Local

Law Enforcement Reports

lawenforcement1240

Law Enforcement Reports...

in Local

Evert Farewell Reception

katevr

Kathy Evert bid farewell to her post at a reception on Thursday...