Posted 5/29/2021 11:04 (#9031480 - in reply to #9031446) Subject: RE: Electric vehicles and road tax
mn
For example, my county has 7352 homes with an average value of $106,000. The average property tax rate is 1.04% of property value. That's roughly $8 million in revenue.
On the other side, there is 521,000 acres of farmland in my county with an average tax rate of $38 per acre. That's just under $20 million in tax revenue.