Union Center NewsLocal news for Union Center, SD continually updated from thousands of sources on the web.$14 Billion In Farmland Not Assessed Properly- February 1, 2008 "Ours is based on the real value. In other words the real value is determined by what it can sell for or based on how much money it could make based on rent, so we let the assessor look at both ideas." The state of South Dakota is losing millions in property taxes and the legislature wants to do something about it. via KELO-TV Sioux Fallshttp://www.topix.net/city/union-center-sd/2008/01/14-billion-in-farmland-not-assessed-prop... |