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Rural Tax Revenue Is In Bad Shape
Washington AP report shows sharp declines in farmland values eroding rural tax revenues. Property taxes make up 27 percent of local revenue, but in parts of the Midwest and West they average 50 to 70 percent. Farmland value fell from 823 to 596 per acre since 1982, stressing rural budgets.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Midwest
Tom Stinson
USDA
University of Minnesota
Stinson
Farmline Magazine
Arkansas
Iowa
Kansas
Minnesota
Missouri
Montana
Nebraska
North Dakota