This credit was established to partially offset the school tax burden
borne by agricultural real estate. Current law allows a credit for any
general school fund tax in excess of $5.40 per $1,000 of assessed value.
All land used for agricultural or horticultural purposes in tracts of
10 acres or more and land of less than 10 acres if contiguous to
qualifying land of 10 acres or more.
Land owners are not
required to file a claim. The County Auditor determines the amount of
credit applicable to each tract of land.