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Western South Dakota's Only Ranch Station
PIERRE, S.D. – An innovative law in South Dakota has led to a significant decrease in farmland valuations, saving a remarkable $120.5 million. The law, referred to as SDCL 10-6-130, gives counties the power to change the classification of land from crop to non-crop based on soil types. This reclassification enables landowners to exempt their […]
PIERRE, SD – The South Dakota Department of Revenue reminds landowners that applications for the riparian buffer strip property tax incentive must be submitted by Oct. 14. Eligible riparian buffer strips can receive a reduction in the assessed value for property tax purposes. Land approaching 40 yards of a listed stream, river or lake, may […]
PIERRE, SD – A legislative committee has advanced a bill that supporters say will fix a “blind spot” in how the state determines whether agricultural land should be taxed as cropland or ranchland. But opponents say the move will result in higher taxes for everyone else. The current system works well but there’s a “narrow […]
