March 29, 2024

Agricultural Land Assessment

The new assessment criteria for Agricultural Land is based only upon the soil survey. This has been called a productivity assessment, however, many people become confused by this terminology. The productivity assessment is not based on what your land is producing, it refers instead to the potential productivity of the soil type you own.

Soils are given different ratings based on their ability to produce. Higher rating are given to soils that have greater productivity potential. Higher ratings therefore have higher assessment values.

This rating is then multiplied by the ‘top dollar’ that the Department of Revenue gives the county each year. Below are the top dollar amounts for Oglala Lakota County for the last ten years.

Year Crop Top Dollar Non-Crop Top Dollar
2014  $                582.98  $                259.83
2015  $                728.73  $                256.46
2016  $                874.47  $                256.46
2017  $            1,005.65  $                256.46
2018  $                988.90  $                268.06
2019  $            1,035.01  $                281.63
2020  $            1,105.53  $                324.94
2021  $            1,058.07  $                332.37
2022  $            1,108.81  $                343.84
2023  $            1,093.86  $                345.87
2024  $            1,140.41  $                360.11
Example:  soil that is categorized as ‘crop’ with a rating of 0.85

0.85  x  $1,140.41  =  $969.34  <-this is the assessed value per acre

Programs to Lower Values

Riparian Buffer Tax Incentive
Ag Soil Adjustments

 

South Dakota Department of Revenue Ag Tax Information

 

Return to Director of Equalization Page

 

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