Harvesting Success: County Agriculture Tax Credit Applications Reach Record Highs CAUV program

Auditor’s Proactive Outreach: Auditor David Thomas leads efforts to educate property owners on Tax Credit CAUV benefits through town hall meetings and Farm Bureau advocacy.

Continued Growth in Participation: Record $6.75 million savings in 2023 highlight increasing awareness and utilization of Ashtabula County’s CAUV program.

According to published article of starbeacon, The surge in applications and acreage enrolled in Ashtabula County’s agricultural use value (CAUV) tax savings program signals a growing awareness among property owners of the benefits it offers. With a slight increase from the previous record-setting year farmers saved $6.75 million in tax year 2023, demonstrating the program’s significance in supporting agricultural endeavors. The proactive approach of the Ashtabula County Auditor’s Office led by Auditor David Thomas in outreach efforts including town hall meetings and advocacy through the Farm Bureau has contributed to this uptick in participation. As the program continues to evolve, it not only provides substantial savings for property owners but also fosters sustainable land management practices essential for the agricultural community’s vitality.

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Harvesting Success: County Agriculture Tax Credit Applications Reach Record Highs (PHOTO: Concern Worldwide)

Sustainable Support for Agricultural Prosperity: Despite rising CAUV values, program’s tax savings bolster Ashtabula County’s farming and forestry sectors while ongoing outreach ensures its enduring benefits.

Despite the anticipated spike in CAUV values for 2024 property owners can still benefit significantly from the program’s tax savings. While the increase in CAUV values reflects the property’s market appreciation the savings provided by the program offer a substantial reduction in tax liabilities. Moreover the steady growth in new applicants up by 155 percent since 2019 underscores the program’s relevance and effectiveness in supporting commercial agriculture and forestry activities. Looking ahead the Auditor’s Office remains committed to assisting residents with inquiries and ensuring the continuity of this valuable program reinforcing its role in sustaining the agricultural landscape of Ashtabula County.

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