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Tax Commissioner, Ag Commissioner to co-host meeting to discuss 2012 ag land values

January 23, 2012

BISMARCK, N.D. – Tax Commissioner Cory Fong and Agriculture Commissioner Doug Goehring will co-host a meeting with representatives of the state's agricultural organizations to discuss the 2012 agricultural land values on Wednesday, January 25. The meeting will begin at 1:30 pm in the Pioneer Room (located on the Ground Floor of the Judicial Wing of the State Capitol). Staff from the Tax Department, Department of Agriculture, along with the Department of Agribusiness and Applied Economics at NDSU will be on hand for the discussion.

The meeting will include a review of how agricultural land values are determined focusing on the impacts of production, the costs of production and the capitalization rate on the 2012 agricultural land values.

For more information about the meeting, please contact Peggy Brintnell, Executive Assistant to Commissioner Fong at (701) 328-2771 or by email at pabrintnell@nd.gov.

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