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qt 10,�)otI <br />2017 Elk River <br />Local Board of Appeal and Equalization <br />April 10, 2017 <br />The 2017 methodology utilizes agricultural sales within a region to develop a tillable and non - <br />tillable value to be used for Green Acres in that area. Our Green Acres Region includes the <br />Counties of Benton, Morrison and Sherburne. The Department of Revenue issued a memo which <br />indicated that the average per acre value for tillable land was to be $3,300 (up from $3,100 in 2016) <br />and the average for non -tillable was to be $1900 (no change from 2016). <br />Township Averages as Reported to the Department of Revenue for the 2017 Assessment <br />2017 Estimated Market Values <br />2a Tillable 4200/ac <br />2a/2b Pasture 4100/ac <br />-Same values have been applied to CRP land <br />Waste 750/ac <br />Wetlands 750/ac <br />2017 Green Acres Values <br />2a Tillable 3300/ac <br />2a Pasture 2200/ac <br />Waste 750/ac <br />-Same values have been applied to CRP land <br />