Cedar County valuation sees an increase of $400 million

The 2014 valuation for Cedar County is close to $2.4 billion, which is over a 17 percent increase from the previous year’s value, which was just under $2 billion.

Valuations on ag land across the county had to be raised this year according to Cedar County Assessor Don Hoesing.

“All of the farm valuations went up, although the land values didn’t go up as much in the Laurel and Randolph areas. They only went up about half as much as they did in the northern part of the county,” Hoesing said

Valuations for tax purposes are based on the selling price of property.

Due to the difference in farm sales Cedar County is divided into two Market Areas.