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NOT NECESSARILY, says Ernest Cole, a tax appraiser, former county agent and expert on New York State’s Agricultural District system, who spoke at the recent Piedmont Environmental Council conference on area farm problems. He said that Cornell University economists use a “multiplier effect” factor of 2.6 in estimating the total economic value of agriculture.
A local accountant said that sounded just about right; from his knowledge of the subject, and Fauquier Extension Agent Bob Tudor agreed. If anything, they said, 2.6 is probably “conservative.” Tudor added the further information that the dollar figure on Fauquier’s farming industry has increased by about one-third since the last Agricultural Census in 1969. If the market value of all agricultural products sold in 1969 equalled $12,136,539, and that has increased one third, current farm income would be $16,182,025. A 2.6 “multiplier effect” equals a total farm industry “impact” of $42,073,335.20 per year in Fauquier.
THAT’S A sizeable “industry.” It would take quite a few “R & D” payrolls to even get near it, and still pay as much back to the county in taxes. According to computations by the Virginia Farm Bureau, based on 1972 State Department of Taxa tkm Reports, a Fauquier farm with a value of $100,000, including all buildings and dwellings, pays $420 in taxes. In Loudoun, the figure is $850; .in Clarke, $580; in Rappahannock $320. Such a farm requires little more than a single-family residence in governmental services.
But it is estimated that a county in this area must pay anywhere from $8,000 to $15,000 in capital costs to provide services needed for every
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