FINANCING FARMLAND PRESERVATION: THE TWIN CITIES METROPOLITAN AREA EXPERIENCE

dc.creatorGreden, Leah R.
dc.creatorTaff, Steven J.
dc.date2017-04-01T14:01:03Z
dc.date.accessioned2026-07-09T03:07:34Z
dc.descriptionTwo farmland protection programs in the Twin Cities (Minnesota) Metropolitan Area--Green Acres and Agricultural Preserves-- together enrolled 608,331 acres in 1992. The principal financing tool was a provision common to both programs under which participating landowners paid reduced property taxes in exchange for certain non- development assurances. The resulting shift in property tax obligations to other taxpayers amounted to $7.6 million for the 1993 tax year, an average shift of $12.50 per enrolled acre. Annual per- acre tax reductions across localities ranged from zero to $933.
dc.identifierdoi:10.22004/ag.econ.13413
dc.identifierhttps://ageconsearch.umn.edu/record/13413/files/p94-09.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/13413
dc.identifier.urihttp://hdl.handle.net/123456789/526950
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/13413
dc.titleFINANCING FARMLAND PRESERVATION: THE TWIN CITIES METROPOLITAN AREA EXPERIENCE
dc.typeText

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