National Ag News
CAUV reform included in Ohio budget
Jul 6, 2017, 16:06 PM
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Ohio’s recently signed state budget includes tax relief for farmers.
The Current Agricultural Use Value (CAUV) formula taxes farmers on a rate that reflects the agricultural use of farmland rather than its value as a development property.
The Ohio Farm Bureau says the updated legislation will result in an average of 30 percent savings on 2017 reassessments. The bill also ensures farmers are not penalized for adopting conservation practices that protect water quality.
Continue reading CAUV reform included in Ohio budget at Brownfield Ag News.
