|
|
||
Preserving
Wilderness and Farm Land
Tools For Saving Land
|
Butterfly Hollow Farm ____ The Path Leading Us Here ____ How The Farm Got Its Name ____ Restoring the Old Farmhouse ____ Where The Beefalo Roam ____ Saddle Up The Horses ____ Saving Wilderness and Farm Land ____ Farm Journals ____ Sharing The Farm ____ Guest Book ____ Site Map ____ |
|
 |
|
Differential
Assesment Laws Every state except Michigan has differential assessment laws. In Tennessee it is known as Green Belt. These laws improve the economic viability of farming by reducing the amount of property taxes that farmers have to pay. They direct the local government to assess agricultural land at its value for agriculture, instead of its full fair market value. Since higher taxes eat up profits, and lack of profitability is a major motivation for farmers to sell land for development, differential assessment laws help to protect the land base.
|
|
info@butterflyhollow.com
Butterfly
Hollow
Gordonsville,
TN 38563