Vermilion County, Illinois
 www.vercounty.org


Certified Values for Farmland Assessments

Certified Values for 2006 Farmland Assessments ($ Per Acre)
These Values Are For Use with Bulletin 810 PIs Only
Item# (1) (2) (3) (4) (5)
Avg
Mgmt
P.I.		 Gross
Income		 Non-Land
Production Costs		 Net
Land
Income		 Agricultural
Economic
Value		 Equalized
Assessed
Value
82 --- --- --- --- 8.70
83 --- --- --- --- 9.62
84 --- --- --- --- 10.54
85 --- --- --- --- 11.48
86 --- --- --- --- 12.44
87 --- --- --- --- 13.36
88 --- --- --- --- 14.22
89 --- --- --- --- 17.75
90 --- --- --- --- 21.40
91 --- --- --- --- 25.06
92 --- --- --- --- 28.71
93 --- --- --- --- 32.36
94 --- --- --- --- 36.01
95 --- --- --- --- 39.66
96 --- --- --- --- 43.30
97 --- --- --- --- 46.96
98 --- --- --- --- 50.61
99 --- --- --- --- 54.67
100 --- --- --- --- 60.18
101 --- --- --- --- 66.01
102 --- --- --- --- 72.02
103 --- --- --- --- 78.09
104 --- --- --- --- 83.62
105 --- --- --- --- 88.34
106 --- --- --- --- 93.13
107 --- --- --- --- 97.87
108 --- --- --- --- 102.14
109 --- --- --- --- 106.33
110 --- --- --- --- 110.57
111 --- --- --- --- 115.92
112 --- --- --- --- 121.90
113 --- --- --- --- 127.98
114 --- --- --- --- 134.17
115 --- --- --- --- 140.44
116 --- --- --- --- 146.83
117 --- --- --- --- 153.31
118 --- --- --- --- 159.88
119 --- --- --- --- 166.57
120 --- --- --- --- 173.33
121 --- --- --- --- 180.22
122 --- --- --- --- 187.19
123 --- --- --- --- 194.27
124 318.41 275.90 42.51 613.37 204.46
125 321.10 274.00 47.10 679.71 226.57
126 323.80 271.97 51.83 747.89 249.30
127 326.49 269.81 56.68 817.93 272.64
128 --- --- --- --- 282.46
129 --- --- --- --- 291.85
130 --- --- --- --- 301.33

The five-year Federal Land Bank Farmland Mortgage Interest Rate applicable for the 2006 assessment year is 6.93%

 

Certified Values for 2007 Farmland Assessments ($ Per Acre)
These Values Are For Use with Bulletin 810 PIs Only
Item# (1) (2) (3) (4) (5)
Avg
Mgmt
P.I.		 Gross
Income		 Non-Land
Production Costs		 Net
Land
Income		 Agricultural
Economic
Value		 Equalized
Assessed
Value
82 --- --- --- --- 7.83
83 --- --- --- --- 8.66
84 --- --- --- --- 9.49
85 --- --- --- --- 10.33
86 --- --- --- --- 11.20
87 --- --- --- --- 12.02
88 --- --- --- --- 12.80
89 --- --- --- --- 15.98
90 --- --- --- --- 19.26
91 --- --- --- --- 22.55
92 --- --- --- --- 25.84
93 --- --- --- --- 29.12
94 --- --- --- --- 32.41
95 --- --- --- --- 35.69
96 --- --- --- --- 38.97
97 --- --- --- --- 42.26
98 --- --- --- --- 45.55
99 --- --- --- --- 49.20
100 --- --- --- --- 54.16
101 --- --- --- --- 59.41
102 --- --- --- --- 64.82
103 --- --- --- --- 70.28
104 --- --- --- --- 75.26
105 --- --- --- --- 79.51
106 --- --- --- --- 83.82
107 --- --- --- --- 88.08
108 --- --- --- --- 91.93
109 --- --- --- --- 95.70
110 --- --- --- --- 99.51
111 --- --- --- --- 104.33
112 --- --- --- --- 109.71
113 --- --- --- --- 115.18
114 --- --- --- --- 120.75
115 --- --- --- --- 126.40
116 --- --- --- --- 132.15
117 --- --- --- --- 137.98
118 --- --- --- --- 143.89
119 --- --- --- --- 149.91
120 318.22 287.46 30.76 477.64 159.21
121 320.96 285.57 35.39 549.61 183.20
122 --- --- --- --- 205.91
123 --- --- --- --- 213.70
124 --- --- --- --- 224.91
125 --- --- --- --- 249.23
126 --- --- --- --- 274.23
127 --- --- --- --- 299.90
128 --- --- --- --- 310.71
129 --- --- --- --- 321.04
130 --- --- --- --- 331.46

The five-year Federal Land Bank Farmland Mortgage Interest Rate applicable for the 2007 assessment year is 6.44%

 

Certified Values for 2008 Farmland Assessments ($ Per Acre)
These Values Are For Use with Bulletin 810 PIs Only
Item# (1) (2) (3) (4) (5)
Avg
Mgmt
P.I.		 Gross
Income		 Non-Land
Production Costs		 Net
Land
Income		 Agricultural
Economic
Value		 Equalized
Assessed
Value
82 --- --- --- --- 8.61
83 --- --- --- --- 9.52
84 --- --- --- --- 10.43
85 --- --- --- --- 11.37
86 --- --- --- --- 12.32
87 --- --- --- --- 13.23
88 --- --- --- --- 14.08
89 --- --- --- --- 17.57
90 --- --- --- --- 21.19
91 --- --- --- --- 24.81
92 --- --- --- --- 28.42
93 --- --- --- --- 32.04
94 --- --- --- --- 35.65
95 --- --- --- --- 39.26
96 --- --- --- --- 42.87
97 --- --- --- --- 46.49
98 --- --- --- --- 50.10
99 --- --- --- --- 54.12
100 --- --- --- --- 59.58
101 --- --- --- --- 65.35
102 --- --- --- --- 71.30
103 --- --- --- --- 77.31
104 --- --- --- --- 82.78
105 --- --- --- --- 87.46
106 --- --- --- --- 92.20
107 --- --- --- --- 96.89
108 --- --- --- --- 101.12
109 --- --- ---