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Public concern over the “increase to the productivity rates for lands classified as agricultural” within Lincoln County has prompted Lincoln County Assessor Debbie Larson to provide clarification on the assessment process.
“The methodology to calculate the productivity rates is prescribed by the Wyoming Department of Revenue in the Rules and Regulations,” Larson said.
Based on current Wyoming State Statute, the Department of Revenue determines “the taxable value of agricultural” land.”
According to state statute, the commodity prices of the agricultural products in Wyoming are based on data from the Wyoming Agricultural Statistics Service.
Each year the Wyoming Agricultural Statistics Service makes “estimates of the marketing year average price received by farmers and ranchers for all hay, all wheat and for grazing on privately owned non-irrigated land.”
The annual prices obtained from the Wyoming Agricultural Statistics Service are “converted to a five year weighted average.”
“My office has placed a link to the 2014 Agricultural Study conducted by the State of Wyoming,” said Larson. “If you do not have access to the internet to review the information provided, please contact our office and we will gladly provide copies to you.”
According to Larson, the Department of Revenue “provides a range of values to the County Assessors throughout the state.”
“Lincoln County is valued at the lowest end of the range allowed,” she said.
For questions and/or additional information on property value assessment, call Debbie Larson, Lincoln County Assessor, 307-877-2030 or email firstname.lastname@example.org.