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2020 City of Elk River <br />Local Board of Appeal and Equalization <br />April 27, 2020 <br />The 2020 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 Anoka, Chisago, Isanti and Sherburne. The Department of Revenue issued a memo <br />which indicated that the average per acre value for tillable land was to be $3,300 (no change from <br />2019 values) and the average for non -tillable was to be $1900 (no change from 2019 values). <br />Township Averages as Reported to the Department of Revenue for the 2020 Assessment <br />2020 Estimated Market Values <br />2a Tillable 4200/ac <br />2a/2b Pasture 4100/ac <br />-Same values have been applied to Rural Preserve and CRP land <br />Waste 750/ac <br />Wetlands 750/ac <br />2020 Green Acres Values <br />2a Tillable 3300/ae <br />2a Pasture 2200/ac <br />Waste 750/ac <br />-Same values have been applied to Rural Preserve and CRP land <br />