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HomeMy WebLinkAboutResolutions 1995 (05) RESOLUTION REGARDING USE VALUE ASSESSMENT OF FARMLAND Resolution No. 5 (95) St. Croix County, Wisconsin WHEREAS, the Wisconsin Legislature is considering legislation to change the method of valuing farmland by its use value; and WHEREAS, this valuation change would likely result in decreased property valuations for farmland in developing areas; and WHEREAS, this change will lead to a significant change in the assessment of property taxes within Saint Croix County and its local taxing jurisdictions; THEREFORE BE IT RESOLVED the Saint Croix County Administration Committee request the Wisconsin Department of Revenue provide the County with projections of the bill's potential impact sufficiently prior to passage so the County may provide meaningful input; and THEREFORE BE IT ALSO RESOLVED the Saint Croix County Administration Committee request such legislation include a recalculation of shared revenues following re- assessment and a payback of some of the tax benefits if the farmland is developed. Dated this 6th day of February , 1995. Adopted by:Administration Committee NEGATIVE AFFIRMATIVE • r9 , u.J ,' �te.u�C (6 DIA h f � / State of Wisconsin County of St. Croix I, Sue E. Nelson, St. Croix County Clerk, do hereby certify that the foregoing is a true and correct copy of Resolution #5 (95) adopted by the St. Croix County Administration Committee on February 6, 1995. r . Sue E. Nelson, St. Croix County Clerk