What's Behind Recent Increases in CAUV?

The government has been updating it's information used to calculate CAUV tax rates and the results are going to be increase taxes for farms. In some cases taxes may be increase significantly. CAUV tax rate for land owners is based on a formula that takes into consideration a number of factors such as soil type, yields, crop prices, production costs and whatever else to come up with a net profit per acre. There are 3500+ soil types alone in Ohio. Buckeye Farm News has a frotn page article in its online issue. Click here. YouTube.com video link explaning why are CAUV values increasing? Click Here.