Farm Bureau calculate your savings
Farm Bureau is serious about the economic survival of California
farmers and ranchers. That’s why our grassroots organization,
key leaders and staff professionals concentrate on your bottom
line. Here’s the down-to-earth story about your recent
energy and tax savings. Calculate how much you saved thanks
to Farm Bureau.
Download
Calculate your Savings (PDF, 425 KB)
Tax Savings Documents (PDF, 56 KB)
Notes: Estimate of Annual
Sales Tax Savings for California Growers on Purchases
of Diesel Fuel, Propane and Farm Equipment and Machinery.
The propane savings examples are based on a total sales
tax rate of 7.25%.
Tax Reduction for Agricultural Producers and Rural Residents
Farm Bureau and other agricultural organizations worked hard
for years to cut state taxes for farmers and ranchers. It
paid off in 2001 when the “California Ag Tax Equity Package”
was signed into law, saving growers an estimated $ 75 million
per year. Once it was law, CFBF also worked with the Board
of Equalization to get it fully implemented for both growers
and food processors. Now farmers and ranchers are exempt from
5% tax on diesel fuel, tractors, equipment, parts and tools.
Propane gas is now totally exempt from the sales tax for all
ag producers and rural residents.
| DIESEL
FUEL |
| ANNUAL |
| PURCHASES |
SAVINGS |
| $7,000 |
 |
$350 |
| $20,000 |
|
$1,000 |
| $50,000 |
|
$2,500 |
|
| Diesel Fuel 5% tax
exemption |
|
|
| PROPANE
FUEL |
| ANNUAL |
| PURCHASES |
SAVINGS |
| $5,000 |
|
$362 |
| $10,000 |
|
$725 |
| $20,000 |
|
$1,450 |
|
| Propane
7.25% - 8.50% tax exemption. |
|
|
| TRACTORS/EQUIPMENT |
| ANNUAL |
| PURCHASES |
SAVINGS |
| $25,000 |
|
$1,250 |
| $100,000 |
|
$5,000 |
| $225,000 |
|
$11,250 |
|
| Tractors/equipment 5% tax
exemption |
|
Farm / Ranch Energy Rates Controlled
For at least two decades, Farm Bureau has been vigorously
representing farmers and ranchers before the California Public
Utilities Commission (CPUC) and the state legislature to protect
against unfair energy rate increases. During this time, growers
have saved millions of dollars due to Farm Bureau’s intervention.
In May 2001, Farm Bureau prevailed again at the CPUC to install
an Ag Cap on electrical rates, saving an estimated $124 million
for growers annually. Agriculture can thank Farm Bureau for
controlling those costs.
| ENERGY
USE - SMALL |
| ANNUAL |
| BILLS |
SAVINGS |
Up to
$8,000 |
|
$110
to
$1,150 |
|
|
|
| ENERGY
USE - LARGE |
| ANNUAL |
| BILLS |
SAVINGS |
$800
and above |
|
$1,250
to
$7,500+ |
|
|
| Notes: Estimate
based on range of ag rate customers with Pacific Gas &
Electric and Southern California Edison. San Diego Gas
and Electric customers were already benefiting from capped
ag rates. |
Members large and small are thanking Farm Bureau for the
hundreds and even thousands of dollars in savings.
Every farmer and rancher should be a Farm
Bureau member
1-800-698-FARM (3276) and helpdesk@cfbf.com
