Showing posts with label Williamson Act. Show all posts
Showing posts with label Williamson Act. Show all posts

Wednesday, September 19, 2012

Fresno County Keeps Williamson Act Tax Break...For Now

From the Fresno Bee

Fresno County supervisors agreed Tuesday to preserve a longtime tax benefit for farmers, even as the benefit is costing the county millions in lost revenue.
The state's 47-year-old Williamson Act, which provides property tax breaks for landowners who commit to keeping their land in agriculture, has been under scrutiny ever since state reimbursement for the program dried up.
But amid heavy lobbying from the Valley's powerful ag industry, the county Board of Supervisors narrowly voted to continue the tax-relief program and absorb the losses.
The 2-2 vote not to touch the Williamson Act pitted two rural supervisors, who were not in favor of changes, against two members from the county's urban core.
The decision was cheered by the farm community, many of whom turned out for Tuesday's hearing in downtown Fresno to deliver personal accounts of how they couldn't afford a tax hike. ...
The Williamson Act was passed by the Legislature in 1965 as a way to provide incentive for farmland conservation.
Because the state no longer provides reimbursement for the program, counties have the option of partially recouping losses by reducing tax breaks for farmers by 10% -- in exchange for shorter conservation commitments from farmers.

Wednesday, August 8, 2012

Williamson Act Threatened in Fresno County

The Williamson Act, a unique property tax provision which allows certain farmlands to have a tax assessed value even less than their proposition 13 assessed value, will be cut back, and potentially even dropped in Fresno County.

Under the Williamson Act, farm land values for tax purposes were significantly reduced if the owner/farmers agreed to maintain the land as farmland and not sell out to developers.  In the past, while counties received less in property tax revenues for properties under the Williamson Act, the difference was made up by the the state. 

However, there are no longer state reimbursements which forces counties to either eat the difference or minimize the tax benefits under the act.  As a result, the Fresno County Board of Supervisor's recently announced that they plan to cut the tax benefit by approximately 10%, which means that many Fresno County farmers will see an increase in their property taxes.