This paper examines agricultural use-value legislation in light of statewide reassessment in New York. Historically, farm real estate has been underassessed relative to other classes of property. Thus, statewide reassessment at full value would significantly increase farmland property taxes....

This paper examines the implications of New York's new procedures for determining agricultural values for use-value assessment purposes. It has been argued that use values based on comparable sales, regardless of efforts to confine the data to farm-to-farm sales, still contained some speculative...

Logit regression models are estimated to identify factors affecting decisions to enroll farmland in New York's agricultural districts program and participate in the use-value assessment program. The results suggest that the districts law is consistent with preserving the best farmland at the...

Policy issues surrounding Federal programs for land retirement as a means of curtailing soil erosion are discussed in this paper. The analysis is structured around productivity differentials observed for New York cropland rated as highly erosive, moderately erosive, or nonerosive.

This paper compares two alternative estimates of agricultural use values in New York, one based on comparable sales information and the other on capitalized yearly income. Emphasis is placed on the variability of the values over the 1973-83 period and its implications for taxpayer equity and the...