The late great George Carlin had a routine about a weather forecaster. “The forecast for tonight: dark. Continued dark throughout the night, with scattered light in the morning.” Some predictions are easy.

Predicting the base rate of farmland used to be easy too. The base rate is the starting point for setting the assessed value of farmland for property taxes. The state’s Department of Local Government Finance (DLGF) recalculates it every year with a capitalization formula. They divide measures of farm income by a rate of return. The base rate for taxes this year is $1,960 per acre.

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