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2013 Elk River <br /> Local Board of Appeal and Equalization <br /> April 29,2012 <br /> The Department of Revenue issued a memo which indicated that the base value to be used in <br /> calculating the average Green Acres value per acre for tillable land was to be $5,400.00. This is <br /> based on sales for the five base counties in southwest Minnesota, Lyon, Murray,Nobles, Rock and <br /> Pipestone. Sherburne County uses a 41% factor(3440/ac) for setting our Green Acres tillable <br /> value. <br /> Values are on a parcel or group of parcels 40 acres or more in size. <br /> 2013 Estimated Market Values <br /> 2a Tillable and Pasture 3600 - 4500/ac <br /> -Same values have been applied to CRP land <br /> Waste 500/ac <br /> 2b Woods 4100/ac <br /> 2013 Green Acres Values <br /> 2a Tillable 3750/ac <br /> 2a Pasture 2060/ac <br /> -Same values have been applied to CRP land <br /> Waste 500/ac <br /> Wetlands 500/ae <br /> 2012 Estimated Market Values <br /> 2a Tillable and Pasture 4200-5000/ac <br /> -Same values have been applied to CRP land <br /> Waste 500/ac <br /> 2b Woods 4200-5000/ac <br /> 2012 Green Acres Values <br /> 2a Tillable 3900/ac <br /> 2a Pasture 1950/ac <br /> -Same values have been applied to CRP land <br /> Waste 500/ac <br /> Wetlands 2400/ac <br />