This will put the value within the tolerance the State Board of Equalization will accept.

The lower that rate goes, the higher our valuation goes. The Legislature put a floor on it of 8.3 percent; otherwise, it would be 7.4 percent.

Agricultural land is valued according to a formula processed at North Dakota State University. They take production from 1995 to 2004, including government payments, and come up with an average value per acre.

Some school districts are at their maximum mill levy. They will see a 5.5 percent increase.