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(Continued from Page 1) to Zigler. Although land within an ag district will qualify for use value taxation, Zigler questioned whether a majority of farmers would apply for this option. He cited New York State as an example of a jurisdiction where use value taxation was not requested by most farmers in ag districts. Farmers will profit from joining an ag district even without use value taxation, he maintained, since their land will be protected from “speculative pressures.”
Credit Not Adversely
Affected Zigler said he had heard criticism directed against ag districts on the grounds that inclusion in such a district would affect a farmer’s credit rating and ability to borrow money by lowering the value of his property. This objection is unfounded, according to Zigler. He said he’d checked with several
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