This year the buyer of the boilerplate Lincoln home ($184,800) will get $159.85 in tax abatement in the anatomy of a accompaniment acreage tax credit.
The accompaniment afresh appear the anniversary allowance to acreage taxpayers. The acclaim is adjourned by accompaniment sales and assets tax dollars and accustomed by the Legislature and governor.
Last year the accompaniment tax acclaim paid about 4.3 percent of a $3,700 acreage tax bill on an boilerplate Lincoln home. The allotment is acceptable to be hardly lower this year.
That credit, which is $86.50 per $100,000 appraisal for nonagricultural acreage this year, will be listed on acreage tax bills.
The acclaim is lower than aftermost year’s credit, which was $87.95 per $100,000 of taxable valuation.
For the additional year, the accompaniment breach the acreage tax credit, giving agronomical acreage beyond the accompaniment a college tax acclaim than residential and bartering property.
For ag land, the tax acclaim amount will be $103.81 per $100,000 of taxable valuation.
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